Administrative Rules of Montana
Department 10 - EDUCATION
Chapter 10.21 - GTBA AND FUNDING COMPONENTS
Subchapter 10.21.1 - GTBA
Rule 10.21.102E - CALCULATION OF GTBA TO QUALIFYING COUNTIES
Universal Citation: MT Admin Rules 10.21.102E
Current through Register Vol. 18, September 20, 2024
(1) After receiving the certified county retirement levies, the State Superintendent of Public Instruction will determine the amount of retirement fund GTBA a qualifying county will receive in FY 20XX+1 using the following calculations:
(a) statewide mill value per ANB - county
mill value per ANB = "A"
(b) "A"
times county elementary or high school 20XX+1 budgeted ANB = "B"
(c) "B" times certified elementary or high
school FY 20XX+1 county retirement fund mills levied = dollar amount of 20XX+1
GTBA a county will receive in support of the elementary or high school county
retirement fund.
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;
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