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Rule: 10.21.101E Prev     Up     Next    
Rule Title: WHICH DISTRICTS QUALIFY FOR GTBA ON GENERAL FUND MILLS
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Department: EDUCATION, DEPARTMENT OF
Chapter: GTBA AND FUNDING COMPONENTS
Subchapter: GTBA
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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10.21.101E    WHICH DISTRICTS QUALIFY FOR GTBA ON GENERAL FUND MILLS

(1) If a district's GTB ratio is less than the statewide ratio, the district qualifies for GTBA on the mills levied to fund the GTBA budget area of its general fund budget.

(2) In order to receive GTBA for general fund BASE budget funding purposes, a district must:

(a) have a GTB ratio less than the corresponding statewide elementary or high school GTB ratio; and

(b) have set its BASE mill levy in accordance with the requirements of 20-9-141 , MCA.

(3) For the initial year of operation for a nonoperating district that re-opens under 20-9-502 and 20-9-503 , MCA, the district GTB ratio shall be calculated using the district budgeted ANB and BASE budget for the district's last year of operation.

History: 20-9-102, 20-9-369, MCA; IMP, 20-9-366, 20-9-367, 20-9-368, 20-9-369, 20-9-370, 20-9-371, MCA; NEW, 1994 MAR p. 1824, Eff. 7/8/94; AMD, 2000 MAR p. 632, Eff. 2/25/00; AMD, 2002 MAR p. 1740, Eff. 6/28/02; AMD, 2006 MAR p. 3070, Eff. 12/22/06.


 

 
MAR Notices Effective From Effective To History Notes
12/22/2006 Current History: 20-9-102, 20-9-369, MCA; IMP, 20-9-366, 20-9-367, 20-9-368, 20-9-369, 20-9-370, 20-9-371, MCA; NEW, 1994 MAR p. 1824, Eff. 7/8/94; AMD, 2000 MAR p. 632, Eff. 2/25/00; AMD, 2002 MAR p. 1740, Eff. 6/28/02; AMD, 2006 MAR p. 3070, Eff. 12/22/06.
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