1 / 23

K-12 State Revenue & Funding Presented to MASBO Veteran Clerks Workshop September 12, 2014 By

K-12 State Revenue & Funding Presented to MASBO Veteran Clerks Workshop September 12, 2014 By Nancy Hall Governor’s Office of Budget & Program Planning. K-12 State Revenue. Guarantee Account State General Fund School Facility & Technology Fund. State Revenue. Guarantee Account.

blaze-winters
Télécharger la présentation

K-12 State Revenue & Funding Presented to MASBO Veteran Clerks Workshop September 12, 2014 By

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. K-12 State Revenue & Funding Presented to MASBO Veteran Clerks Workshop September 12, 2014 By Nancy Hall Governor’s Office of Budget & Program Planning

  2. K-12 State Revenue • Guarantee Account • State General Fund • School Facility & Technology Fund

  3. State Revenue • Guarantee Account

  4. State Revenue • Guarantee Account • 20-9-622, MCA • state special revenue fund • Intent: to statutorily appropriate for distribution to school districts through school equalization aid

  5. K-12 State Revenue Guarantee Account 17-2-108. Expenditure of nongeneral fund money first. . . . an office or entity of the executive, legislative, or judicial branch of state government shall apply expenditures against appropriated nongeneral fund money whenever possible before using general fund appropriations.

  6. State Revenue • Guarantee Account • SB 175 – Excess interest & income revenue • 50% must be reserved for an appropriation in the next regular legislative session as part of the natural resource development K-12 funding payment • (b) 50% must be distributed to schools on a per-quality-educator basis

  7. State Revenue • Guarantee Account • SB 175 – Excess interest and income revenue • NONE in the next three years • $48 million per year from state lands revenues

  8. State Revenue • State • General Fund

  9. State Revenue • General Fund • 40 mills – 20-9-360 – State equalization aid levy • 33 mills – 20-9-331 – Elementary equalization • 22 mills – 20-9-333 – High school equalization

  10. State Revenue • School Facility & • Technology

  11. State Revenue • School Facility & Technology Fund • Revenue sources • 18m board feet of timber • Riverbed leases • Expenditures • Technology Payment • Facility Reimbursement Payments • Quality Schools Grant Program

  12. K-12 Funding

  13. K-12 Funding • BASE Aid • Basic & Per ANB Entitlements • Quality Educator Payment • Indian Education for All Payment • American Indian Achievement Gap Payment • *At-risk Student Payment

  14. K-12 Funding • BASE Aid • SB175 • Data for Achievement Payment • Basic Entitlement increases • Inflation

  15. K-12 Funding • How do we calculate? • School funding model • Shared by OPI, LFD, and OBPP • For creating fiscal notes during session

  16. K-12 Funding

  17. Reading • a fiscal note

  18. K-12 Funding

  19. Reading a fiscal note

  20. Reading a fiscal note

  21. Reading a fiscal note

  22. Reading a fiscal note

  23. Questions?

More Related