APPROVED PAYMENT SCHEDULE - FISCAL YEAR 2018

Includes items reduced in SB 261 of the 2017 legislation

The following distribution dates for FY2018 BASE aid payments to K-12 schools have been approved by the Montana Board of Public Education and are scheduled according to 20-9-344, MCA.

CY 2017

August 25 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, Special Ed, and Transportation Prepayment

September 22 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, and Special Ed

October 27 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, and Special Ed

November 27 Guaranteed Tax Base Aid (GTB) and School & County Block Grants

December 22 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, and Special Ed

CY 2018

January 26 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, and Special Ed

February 23 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, and Special Ed

March 28 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, Special Ed, and Transportation

April 27 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, and Special Ed

May 22 Guaranteed Tax Base Aid (GTB), School & County Block Grants, Facilities Debt Service GTB and Education Improvement Payment

June 28 Direct State Aid, Quality Ed Component, At Risk Component, Indian Ed for All, Student Achievement Gap, Special Ed, and Transportation


Important Reminders:

Please remember, SB 261 of the 2017 Legislative Session is triggered at the level 4 reduction amounts. This reduction will occur in FY 2018 and FY 2019.

The school payments for June will be decreased to account for:
1. Elimination of the Data for Achievement Payment
2. A reduction of 0.50% for the At Risk Payment
3. A reduction of 0.50% for the Special Education Payment
4. The combined block grants are reduced by 47.68% in the November payment and May payment

Schools must account for the decreased revenue in their budgets, please see the SB 261 Reduction Information document above to view the estimated impact to your school.

In addition, state revenues continue to be concerning. The Governor's Budget Office may implement further reductions in order to comply with ending fund balance requirements. As soon as information becomes available, we will notify clerks, superintendents, and treasurers.

If you have questions, please contact Kara Sperle at ksperle2@mt.gov or 406-444-3249.