CHAPTER 9. FINANCE
- Part 1. School Budgets
- 20-9-101. Application of budget system for districts and counties.
- 20-9-102. General supervision of school budgeting system.
- 20-9-103. School budget form.
- 20-9-104. General fund operating reserve.
- 20-9-105. Repealed.
- 20-9-106. through reserved.
- 20-9-111. Repealed.
- 20-9-112. Repealed.
- 20-9-113. Repealed.
- 20-9-114. Repealed.
- 20-9-115. Notice of final budget meeting.
- 20-9-116. through reserved.
- 20-9-121. County treasurer's statement of cash balances and bond information.
- 20-9-122. Statement of district, city, and town valuations.
- 20-9-123. Repealed.
- 20-9-124. through reserved.
- 20-9-130. District obligation for students in youth detention facility.
- 20-9-131. Final budget meeting.
- 20-9-132. Final budget adjustment procedures.
- 20-9-133. Adoption and expenditure limitations of final budget.
- 20-9-134. Completion, filing, and delivery of final budgets.
- 20-9-135. through reserved.
- 20-9-140. Terminated.
- 20-9-141. Computation of general fund net levy requirement by county superintendent.
- 20-9-142. Fixing and levying taxes by board of county commissioners.
- 20-9-143. Allocation of federal funds in lieu of property taxation.
- 20-9-144. reserved.
- 20-9-145. Repealed.
- 20-9-146. reserved.
- 20-9-147. Repealed.
- 20-9-148. through reserved.
- 20-9-151. Budgeting procedure for joint districts.
- 20-9-152. Fixing and levying taxes for joint districts.
- 20-9-153. through reserved.
- 20-9-161. Definition of budget amendment for budgeting purposes.
- 20-9-162. Authorization for budget amendment adoption.
- 20-9-163. Resolution for budget amendment -- petition to superintendent of public instruction.
- 20-9-164. Notice of budget amendment resolution.
- 20-9-165. Budget amendment limitation, preparation, and adoption procedures.
- 20-9-166. State financial aid for budget amendments.
- 20-9-167. Repealed.
- 20-9-168. Emergency budget amendment tax levy.
- Part 2. Administration of Finances
- 20-9-201. Definitions and application.
- 20-9-202. County officials for financial administration when joint district.
- 20-9-203. Examination of district accounting records.
- 20-9-204. Conflicts of interests, letting contracts, and calling for bids.
- 20-9-205. Prohibition on division of contracts to circumvent bid requirements.
- 20-9-206. Repealed.
- 20-9-207. Documentation of expenditures.
- 20-9-208. Transfers among appropriation items of fund -- transfers from fund to fund.
- 20-9-209. Lapse of budgeted appropriations and provision for unpaid claims.
- 20-9-210. Expenditure limitation of nonbudgeted fund.
- 20-9-211. Annual financial report of county superintendent.
- 20-9-212. Duties of county treasurer.
- 20-9-213. Duties of trustees.
- 20-9-214. Fees.
- 20-9-215. Destruction of certain financial records.
- 20-9-216. through reserved.
- 20-9-220. Clearing accounts.
- 20-9-221. Procedure for issuance of warrants.
- 20-9-222. Repealed.
- 20-9-223. Cancellation of outstanding warrants -- duplication.
- 20-9-224. Repealed.
- 20-9-225. Definitions relating to interest assessment.
- 20-9-226. Interest assessed on amounts due.
- 20-9-227. Exemptions from interest assessment.
- 20-9-228. through reserved.
- 20-9-231. Metal mines tax reserve fund.
- 20-9-232. through reserved.
- 20-9-235. Authorization for school district investment account.
- Part 3. Funding of Basic System of Quality Public Schools
- 20-9-301. Repealed.
- 20-9-302. School isolation.
- 20-9-303. Nonisolated school BASE budget funding -- special education funds.
- 20-9-304. Repealed.
- 20-9-305. Proration and calculation of BASE funding program for joint district.
- 20-9-306. Definitions.
- 20-9-307. Repealed.
- 20-9-308. BASE budgets and maximum general fund budgets.
- 20-9-309. Basic system of free quality public elementary and secondary schools defined -- identifying educationally relevant factors -- establishment of funding formula and budgetary structure -- legi
- 20-9-310. reserved.
- 20-9-311. Calculation of average number belonging (ANB) -- three-year averaging.
- 20-9-312. Repealed.
- 20-9-313. Circumstances under which regular average number belonging may be increased.
- 20-9-314. Procedures for determining eligibility and amount of increased average number belonging due to unusual enrollment increase.
- 20-9-315. Repealed.
- 20-9-316. Repealed.
- 20-9-317. Repealed.
- 20-9-318. Repealed.
- 20-9-319. Repealed.
- 20-9-320. Repealed.
- 20-9-321. Allowable cost payment for special education.
- 20-9-322. Repealed.
- 20-9-323. through reserved.
- 20-9-326. Annual inflation-related adjustments to basic entitlements and per-ANB entitlements.
- 20-9-327. Quality educator payment.
- 20-9-328. At-risk student payment.
- 20-9-329. Indian education for all payment.
- 20-9-330. American Indian achievement gap payment.
- 20-9-331. Basic county tax for elementary equalization and other revenue for county equalization of elementary BASE funding program.
- 20-9-332. Fines and penalties proceeds for elementary county equalization.
- 20-9-333. Basic county tax for high school equalization and other revenue for county equalization of high school BASE funding program.
- 20-9-334. Repealed.
- 20-9-335. Formula for apportionment of county equalization money.
- 20-9-336. through reserved.
- 20-9-341. Definition of interest and income money.
- 20-9-342. Deposit of interest and income money by state board of land commissioners.
- 20-9-343. Definition of and revenue for state equalization aid.
- 20-9-344. Duties of board of public education for distribution of BASE aid.
- 20-9-345. Repealed.
- 20-9-346. Duties of superintendent of public instruction for state and county equalization aid distribution.
- 20-9-347. Distribution of BASE aid and special education allowable cost payments in support of BASE funding program -- exceptions.
- 20-9-348. Estimation of state equalization aid for budget purposes.
- 20-9-349. and reserved.
- 20-9-351. Funding of deficiency in BASE aid.
- 20-9-352. Repealed.
- 20-9-353. Additional financing for general fund -- election for authorization to impose.
- 20-9-354. through reserved.
- 20-9-360. State equalization aid levy.
- 20-9-361. County equalization revenue.
- 20-9-362. through reserved.
- 20-9-366. Definitions.
- 20-9-367. Eligibility to receive guaranteed tax base aid or state advance or reimbursement for school facilities.
- 20-9-368. Amount of guaranteed tax base aid.
- 20-9-369. Duties of superintendent of public instruction and department of revenue.
- 20-9-370. Definitions.
- 20-9-371. Calculation and uses of school facility entitlement amount.
- 20-9-372. through reserved.
- 20-9-375. Repealed.
- Part 4. School Bonds
- 20-9-401. Applicable laws for school district bonding.
- 20-9-402. Definition of school district for bonding purposes.
- 20-9-403. Bond issues for certain purposes.
- 20-9-404. Contracts and bonds for joint construction.
- 20-9-405. Proportional joint ownership -- disposition of money.
- 20-9-406. Limitations on amount of bond issue -- definition of federal impact aid basic support payment.
- 20-9-407. Industrial facility agreement for bond issue in excess of maximum.
- 20-9-408. Definition of forms of bonds.
- 20-9-409. Repealed.
- 20-9-410. Limitation of term and interest -- timing for redemption.
- 20-9-411. Dates of issue and payments.
- 20-9-412. Issuance of refunding bonds without election.
- 20-9-413. through reserved.
- 20-9-421. Election to authorize the issuance of school district bonds and the methods of introduction.
- 20-9-422. Additional requirements for trustees' resolution calling bond election.
- 20-9-423. Form, contents, and circularization of petition proposing school district bond election.
- 20-9-424. Validation of petition -- election administrator's certificate.
- 20-9-425. Trustees' consideration of validated petition proposing bond election.
- 20-9-426. Preparation and form of ballots for bond election.
- 20-9-427. Notice of bond election by separate purpose.
- 20-9-428. Determination of approval or rejection of proposition at bond election.
- 20-9-429. Trustees' resolution to issue school district bonds.
- 20-9-430. Notice of sale of school district bonds.
- 20-9-431. Publication of notice of sale of school district bonds.
- 20-9-432. Sale of school district bonds.
- 20-9-433. Form and execution of school district bonds.
- 20-9-434. Registration of school district bonds by county treasurer and copy for preservation.
- 20-9-435. Delivery of school district bonds and disposition of sale money.
- 20-9-436. County attorney to assist in proceedings.
- 20-9-437. School district liable on bonds.
- 20-9-438. Preparation of general obligation debt service fund budget -- operating reserve.
- 20-9-439. Computation of net levy requirement for general obligation bonds -- procedure when levy inadequate.
- 20-9-440. Payment of debt service obligations -- termination of interest.
- 20-9-441. Redemption of bonds -- investment of debt service fund money.
- 20-9-442. Entries of payments and notification of school district.
- 20-9-443. Disposition of remaining debt service fund.
- 20-9-444. Liability of officers for failure to provide fund for payment of bonds.
- 20-9-445. Liability for misuse of bond payment fund.
- 20-9-446. Duty of county attorney to prosecute.
- 20-9-447. through reserved.
- 20-9-451. Repealed.
- 20-9-452. Repealed.
- 20-9-453. Repealed.
- 20-9-454. Repealed.
- 20-9-455. Repealed.
- 20-9-456. Repealed.
- 20-9-457. through reserved.
- 20-9-461. Purpose.
- 20-9-462. Repealed.
- 20-9-463. Repealed.
- 20-9-464. Statute of limitations -- action to test validity.
- 20-9-465. Action to restrain bond issue -- time for bringing.
- 20-9-466. Repealed.
- 20-9-467. Repealed.
- 20-9-468. through reserved.
- 20-9-471. Issuance of obligations -- authorization -- conditions.
- 20-9-472. Security for impact aid revenue bonds -- agreement of state.
- Part 5. Special Purpose Funds
- 20-9-501. Retirement costs and retirement fund.
- 20-9-502. Purpose and authorization of building reserve fund by election -- levy for school transition costs.
- 20-9-503. Budgeting, tax levy, and use of building reserve fund.
- 20-9-504. Extracurricular fund for pupil functions.
- 20-9-505. Purpose and establishment of nonoperating fund.
- 20-9-506. Budgeting and net levy requirement for nonoperating fund.
- 20-9-507. Miscellaneous programs fund.
- 20-9-508. Building fund.
- 20-9-509. Lease or rental agreement fund.
- 20-9-510. Traffic education fund.
- 20-9-511. Interlocal cooperative fund.
- 20-9-512. Compensated absence liability fund.
- 20-9-513. Repealed.
- 20-9-514. Impact aid fund.
- 20-9-515. Litigation reserve fund.
- 20-9-516. School facility and technology account.
- 20-9-517. through reserved.
- 20-9-531. Repealed.
- 20-9-532. Repealed.
- 20-9-533. Technology acquisition and depreciation fund -- limitations.
- 20-9-534. Statutory appropriation for school technology purposes.
- 20-9-535. through reserved.
- 20-9-541. Definitions.
- 20-9-542. School flexibility account -- distribution of funds.
- 20-9-543. School flexibility fund -- uses.
- 20-9-544. District school flexibility fund levy.
- Part 6. Public School Fund and Grants to Schools
- 20-9-601. Public school fund.
- 20-9-602. Title to farm mortgage lands vested in state and transfers validated.
- 20-9-603. Acceptance and expenditure of federal moneys for state.
- 20-9-604. Gifts, legacies, devises, and administration of endowment fund.
- 20-9-605. through reserved.
- 20-9-615. Voluntary rural residential impact payments.
- 20-9-616. through reserved.
- 20-9-620. Definition.
- 20-9-621. Permanent fund.
- 20-9-622. Guarantee account.
- 20-9-623. through reserved.
- 20-9-630. School district block grants.
- 20-9-631. Repealed.
- 20-9-632. Countywide school transportation block grants.
- Part 7. Educational Cooperative Agreements
- 20-9-701. Definitions of prime and cooperating agencies.
- 20-9-702. Financial administration of interlocal cooperative agreement.
- 20-9-703. District as prime agency.
- 20-9-704. District as cooperating agency.
- 20-9-705. Joint interstate school agreements.
- 20-9-706. Running start program -- authorizing class credits at postsecondary institution -- eligibility -- payment for credits.
- 20-9-707. Agreement with Montana youth challenge program or accredited Montana job corps program.
- Part 8. Emergency School Closure