Montana ranks ninth best among the 50 states for its overall fiscal  condition in the 2012 budget year, a new study published for a George  Mason University center concluded.
That overall ranking was  determined after using four “solvency indices” in the study by Sarah  Arnett. It was published by the university’s Mercatus Center, a  market-oriented think tank. 
Here are the rankings by solvency indices for fiscal 2012, along with Montana’s ranking for each:
— Cash  solvency, a liquidity measurement that takes into account the cash that  a state can easily access to pay its bills in the near term: Montana  ranked fifth best.
— Budget solvency, which measures a state’s  ability to come up with enough revenue to cover its expenses over a  fiscal year. Montana ranked eighth.
— Long run solvency, which is a  measurement of a state’s ability to use incoming revenue to cover all  its expenditures, including guaranteed pension benefits and  infrastructure maintenance. Montana ranked ninth.
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