Water-resources programs and activities of the U.S. Geological Survey in Montana consist principally of hydrologic-data collection and investigative studies that address water-resource issues. The work is supported by direct Federal funding, by transfer of funds from other Federal agencies, and by joint funding agreements with State or local agencies. The Montana District of the Geological Survey's Water Resources Division conducts its hydrologic work through a District Office in Helena and Field Headquarters in Helena, Billings, Kalispell, and Fort Peck. Thirty-two projects currently are being conducted. As outlined in this report, these projects are operated under the general categories of data-collection programs and investigative studies. This report describes the projects funded for fiscal years 1994 and 1995. The report also describes the operations of the Montana District, general hydrology of Montana, activities in addition to regular programs, and sources of publications and information. It also lists reports published or released during the preceding 5 years.