20-15-311. Funding sources.
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/mt/title-20/chapter-15/part-3/20-15-311·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
20-15-311 . Funding sources.
(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;
(f)subject to 15-10-420 , the adult education levy authorized under 20-15-305 ;
(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 .