Montana Code 20-15-311. Funding sources
20-15-311. Funding sources. (1) The annual current fund budget of a community college district created on or after January 1, 2021, may be financed from the following sources:
Terms Used In Montana Code 20-15-311
- Adult education: means the instruction of persons 16 years of age or older who are not regularly enrolled, full-time pupils for the purposes of ANB computation and the provision of advanced opportunities to qualified pupils pursuant to Title 20, chapter 7, part 15. See Montana Code 20-7-701
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Board of regents: means the board of regents of higher education created by Article X, section 9, subsection (2), of the Montana constitution and 2-15-1505. See Montana Code 20-1-101
- community college district: means a body corporate and a subdivision of the state of Montana organized under a single board of trustees for the purpose of providing community college instruction open to all people, subject to uniform regulations as determined by the trustees. See Montana Code 20-15-101
- district: means the territory, regardless of county boundaries, organized under the provisions of this title to provide public educational services under the jurisdiction of the trustees prescribed by this title. See Montana Code 20-6-101
- fund: means a separate detailed account of receipts and expenditures for a specific purpose as authorized by law or by the superintendent of public instruction under the provisions of subsection (2). See Montana Code 20-9-201
- Regents: means the board of regents of higher education. See Montana Code 20-1-101
- School election: means a regular school election or any election conducted by a district or community college district for authorizing taxation, authorizing the issuance of bonds by an elementary, high school, or K-12 district, or accepting or rejecting any proposition that may be presented to the electorate for decision in accordance with the provisions of this title. See Montana Code 20-1-101
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(a)the estimated revenue to be realized from student tuition and fees, except revenue related to community service courses, as defined by the board of regents;
(b)the state general fund appropriation pursuant to 20-15-310;
(c)the operating levy pursuant to 20-15-316;
(d)all other income, revenue, balances, or reserves not restricted by a source outside the community college district to a specific purpose;
(e)income, revenue, balances, or reserves restricted by a source outside the community college district to a specific purpose. Student fees paid for community service courses, as defined by the board of regents, are considered restricted to a specific purpose.
(f)income from a political subdivision that is designated a community college service region under 20-15-241.
(2)The annual current fund budget of a community college district created prior to January 1, 2021, may be financed from the following sources:
(a)the estimated revenue to be realized from student tuition and fees, except revenue related to community service courses, as defined by the board of regents;
(b)the state general fund appropriation pursuant to 20-15-310;
(c)subject to 15-10-420, a mandatory mill levy on the community college district;
(d)pursuant to 20-9-501, a retirement levy;
(e)pursuant to 2-9-212, a levy for employer contributions to group benefits plans;
(f)subject to 15-10-420, the adult education levy authorized under 20-15-305;
(g)an optional voted levy on the community college district that must be submitted to the electorate in accordance with general school election laws and 15-10-425;
(h)all other income, revenue, balances, or reserves not restricted by a source outside the community college district to a specific purpose;
(i)income, revenue, balances, or reserves restricted by a source outside the community college district to a specific purpose. Student fees paid for community service courses, as defined by the board of regents, are considered restricted to a specific purpose.
(j)income from a political subdivision that is designated a community college service region under 20-15-241.