1. (1) The over-BASE budget is funded by:

   1. (a) any amount of reappropriated fund balance and nonlevy revenue remaining after the BASE budget is funded;
   2. (b) estimated tuition receipts not used to fund the BASE budget;
   3. (c) excess general fund reserves established in accordance with ARM 10.22.103 and reported on the final budget for the current year; and
   4. (d) a district property tax levy.
2. (2) Guaranteed tax base aid may not be used to fund the over-BASE budget.

Authorizing statute(s): 20-9-102, MCA

Implementing statute(s): 20-9-308, MCA

History: NEW, 1994 MAR p. 1824, Eff. 7/8/94; AMD, 2002 MAR p. 1740, Eff. 6/28/02.