Magic City Finances - KULR8.com | Montana's News Leader | Billings, MT

Magic City Finances

Posted: Updated:
BILLINGS, Mont. -

Billings will not have the same fate as the city of Detroit.

That's according to Billings City Administrator Tina Volek. She says Billings is in good standing for a number of reasons. One of them is that the population in Billings is growing, while Detroit's population is shrinking.

"The city of Billings has been incredibly financially conservative fiscally conservative. The city council several years ago gave us a recommendation or a demand that the city staff not provide a budget that balanced ourselves on our reserves," says Volek.

Another reason the Magic City won't declare bankruptcy is because it doesn't have its own pension system, it belongs to the state pension system.

  • LocalMore>>

  • Ron Parker, 9/11 first responder, talks about his experience

    Ron Parker, 9/11 first responder, talks about his experience

    Saturday, September 23 2017 12:41 AM EDT2017-09-23 04:41:49 GMT
    Sixteen years ago, the World Trade Center was attacked on September eleventh. Saturday, Ron Parker, a first responder in New York city at the time of the attack, will speak at the Angel Horse Fundraiser. Born and raised in Brooklyn, Ron Parker said he only grew up 7 miles from the World Trade Center, affectionately called the twin towers.  "I was there from September 11th, that morning, until January 6th 2002.," Parker said."I lost 45 of my friends there. My day...
    Sixteen years ago, the World Trade Center was attacked on September eleventh. Saturday, Ron Parker, a first responder in New York city at the time of the attack, will speak at the Angel Horse Fundraiser. Born and raised in Brooklyn, Ron Parker said he only grew up 7 miles from the World Trade Center, affectionately called the twin towers.  "I was there from September 11th, that morning, until January 6th 2002.," Parker said."I lost 45 of my friends there. My day...
  • Person responsible for flag found in dumpster remains unknown

    Person responsible for flag found in dumpster remains unknown

    Friday, September 22 2017 10:27 PM EDT2017-09-23 02:27:02 GMT

    The Billings Army Reserve tells us they are unable to determine who is responsible for throwing an American flag in their dumpster because there are more people who have access to those dumpsters than just their employees.

    The Billings Army Reserve tells us they are unable to determine who is responsible for throwing an American flag in their dumpster because there are more people who have access to those dumpsters than just their employees.

  • United Way operation supply

    United Way operation supply

    Friday, September 22 2017 3:12 PM EDT2017-09-22 19:12:07 GMT
    Today marked the fifth year of United way's operation supply.   After organizing loads of boxes full of school supplies and hygiene products, United Way partnered with several volunteers and the army reserve to  deliver twelve truckloads to elementary, middle and high school's in the city. Starting in late July, United Way already start packing and separating various products for delivery. Operation Supply is an annual event which several businesses and individu...
    Today marked the fifth year of United way's operation supply.   After organizing loads of boxes full of school supplies and hygiene products, United Way partnered with several volunteers and the army reserve to  deliver twelve truckloads to elementary, middle and high school's in the city. Starting in late July, United Way already start packing and separating various products for delivery. Operation Supply is an annual event which several businesses and individu...