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Current as of January 01, 2024 | Updated by Findlaw Staff
(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:
(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;
(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.
Cite this article: FindLaw.com - Montana Title 20. Education § 20-15-311. Funding sources - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-20-education/mt-st-20-15-311/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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