Administrative Rules of Montana
Department 10 - EDUCATION
Chapter 10.21 - GTBA AND FUNDING COMPONENTS
Subchapter 10.21.1 - GTBA
Rule 10.21.102B - CALCULATION OF COUNTY MILL VALUES PER ANB
Current through Register Vol. 18, September 20, 2024
(1) A county ratio for GTBA on retirement mills compares the county mill value per ANB to statewide mill value per elementary or high school ANB. This is a measure of how much tax revenue per student can be raised by a county's mill in comparison to how much revenue per student statewide could be raised on a statewide taxable value.
(2) The county elementary or high school GTB mill value per ANB for purposes of calculating FY 20XX+1 retirement fund GTBA is: (calendar year 20XX-1 county taxable value/1,000) / 20XX county elementary or high school budgeted ANB.
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;