School Finance Update 2003 Feb/mar

Cover School Finance Update 2003 Feb/mar
School Finance Update 2003 Feb/mar
Montana.Office of Public Instruction.School Budgeting And Accounting Division
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Additional information on tuition in Montana is posted on the OPI web site at http://www.opi.state.mt.us/SchoolFinance/Tuition.html .
OPI Contact: Joan Anderson (406) 444-1960 or janderson(S)state.mt.us .
Question of the Month: Can We Hold a Technology Fund or Flexibility Fund Election this year?
Technology, yes. Flexibility, no.
Both funds will appear on the FY 2003-04 budget.
However, OPI will not be making any state payments under either of the funds for FY 2003-04 unless Legislation appropr
...iates the funding after this writing, which is not likely. Districts may ask for voter approval for a limited Technology Fund levy under 20-9-533, MCA. Districts cannot ask voter approval for a Flexibility Fund levy because law restricts the voted levy to a percentage of the state's payment, which will be zero (20-9-544, MCA). OPI Contact: Bonnie Maze (406) 444-3249 or [email protected] .
Indirect Cost Applications Applications for indirect cost rates for FY2003-04 will be mailed to schools by the end of March and will be due to OPI in May.


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