School District Budget Filing System
It is recommended that each school district superintendent keep the following items in a folder for each budget year: [This list shows major headings and contents of each area] Elementary Budget: Approved District Elementary Budget--OPI form Elementary TFS: Appr ...
- Bonds
Q: What should a school district do about outstanding bond coupons when the bond has matured? (I.e., when some of the bondholders have not presented the coupons for payment?) A: Attached is a copy of Section 20-9-441, MCA, which discusses the procedure to call bonds. OPI encoura ...
- Audit Requirements
Q; Does every School have to have an audit? A: State law says a school district that receives $ 200,000 or more in total revenues in a year has to have an audit for that year. The Federal government further requires that if you spend $ 3000,000 or more in Federal assistance, your audit has to co ...
- Administrator Housing Allowance
Question: Can the district rent a dwelling for an administrator in order to be in close proximity to the school campus? If so, is the rental amount to be included in the gross salary and therefore included in the retirement benefits calculation? Is there a special code different from that of ...
- Bank Loans Permissible?
Question: Are school districts required to borrow funds only from the Board of Investments rather than from a bank? Answer: No. Trustees are authorized to pledge revenue from building reserve fund levies for up to 5 years persuant to 20-9-503, MCA. This statute does not state the loans can o ...
- ANB-10 Day Rule
Q: Is a school district required to drop a student after 10 days of absence? A: No. Trustees may adopt policies regarding penalties for behavior of students, including excessive absences. However, the law does not require a district to de-enroll or drop a student for excessive absences. Q: ...
- Detention Center Education & Payments
Question: Does Montana Law require an educational program for kids in regional and county youth detention centers? Who pays educational costs for students in youth detention centers? How are payments made? Answer: Yes, Montana Law (MCA 41-5-1803) requires educational services to be provided ...
- Full Time Kindergarten (FTK) Q & A's
Below are frequently asked questions about funding Full-Time Kindergarten (FTK): Q: I just received the official email announcing that updated FY2008 Budget Data Sheets are available on the OPI website. Does this information include funding for full-time kindergarten? A: No, districts must appl ...
- Construction Grants and Loans
Question: Where can I find more information about grants, loans, and other financing options for school construction projects? Answer: 1. As you may be aware, the Board of Investments has an Intercap program. This is a loan program rather than a grant or state aid. There are apparently two type ...
- Where can I see the Montana teacher pay scale?
Question: Where can I see the Montana teacher pay scale? Answer: Teacher salaries are determined by local school districts through locally developed bargaining procedures. Salary information may be available from the Montana Education Association, http://www.mea-mft.org/ Located at: 1232 East ...
- How can school districts combine or merge?
Question: How can school districts combine or merge? Answer: There are two ways that school districts can merge: school district annexation (MCA 20-6-422) and school district consolidation (MCA 20-6-423). I've given you the Montana Code/Statute for these. You can find the full statutes for thes ...
