Current through Register Vol. 18, September 20, 2024
(1) For
purposes of calculating a district's school flexibility payment for fiscal year
20XX, the following definitions apply:
(a)
"Average student amount" means the amount calculated by:
(i) multiplying either the cash balance or
the fiscal year 20XX appropriation in the school flexibility account, whichever
is less, by 40 percent; and
(ii)
dividing by average statewide budgeted ANB for the previous five-year period.
Average statewide budgeted ANB is calculated using the final ANB for fiscal
years 20XX-5 through 20XX-1.
(b) "Current student amount" means the amount
calculated by:
(i) multiplying either the
cash balance or the fiscal year 20XX appropriation in the school flexibility
account, whichever is less, by 20 percent; and
(ii) dividing by the total statewide budgeted
ANB for the previous fiscal year. Total statewide budgeted ANB is calculated
using the final budgeted ANB for fiscal year 20XX-1.
(c) "District K-12 public school funding
amount" means the K-12 public schools amount multiplied by the number of K-12
public schools in the district, as defined in
20-6-501,
MCA, that are open as of October 1 in the year of the payment.
(d) "District K-12 large public school
funding amount" means the large K-12 public schools amount multiplied by the
number of K-12 public schools in the district, as defined in
20-6-501,
MCA, that report at least 250 students enrolled on the October count date in
the year of the payment.
(e)
"District student funding amount" means the current student amount multiplied
by the district's budgeted ANB for fiscal year 20XX-1 plus the average student
amount multiplied by the district's average budgeted ANB for fiscal years
20XX-5 through 20XX-1.
(f) "K-12
public schools amount" means the amount calculated by:
(i) multiplying either the cash balance or
the fiscal year 20XX appropriation in the school flexibility account, whichever
is less, by 15 percent; and
(ii)
dividing by the total number of K-12 public schools statewide, as defined in
20-6-501,
MCA, that are open as of October 1 in the year of the payment.
(g) "Large K-12 public schools
amount" means the amount calculated by:
(i)
multiplying either the cash balance or the fiscal year 20XX appropriation in
the school flexibility account, whichever is less, by 25 percent; and
(ii) dividing by the total number of K-12
public schools, as defined in
20-6-501,
MCA, that report at least 250 students enrolled on the October count date in
the year of the payment.
(h) "District flex fund allocation" means the
sum of the district K-12 public school funding amount, the district large K-12
public school funding amount and the district student funding amount.
(2) No later than January 31, the
Office of Public Instruction shall distribute a school flexibility payment to
qualified districts for deposit in the district's school flexibility fund.
Nonoperating districts are not qualified for a district flex fund
allocation.
(3) If approved by the
electorate, in addition to the amount distributed to a district's flex fund
under this rule, the trustees may levy an amount not to exceed 25% of the
Office of Public Instruction's most recent estimate of the district flex fund
allocation.
20-9-102,
20-3-106,
MCA; IMP,
20-9-541,
20-9-542,
20-9-543,
20-9-544,
MCA;
