School Finance


PARTIAL PRELIMINARY ONE-TIME INCENTIVE PAYMENT FOR MULTIDISTRICT COOPERATIVES

Friday, September 28, 2012, 2:13 pm

Senate Bill 329 and House Bill 2 appropriated $2 million for the biennium for one-time payments to school districts participating in multidistrict cooperatives as of December 31, 2012.  The Office of Public Instruction (OPI) made the second of three partial preliminary payments on September 28, 2012, to school districts that submitted written agreements to the OPI between August 1, 2012 and August 31, 2012.

The allocations are posted on the OPI website at the following link:

http://www.opi.mt.gov/pdf/SchoolFinance/Entitle/12SeptPartialMultidistIncentPmt.pdf

 

Accounting guidance for the One-Time Incentive Payment is posted on the OPI website at: http://opi.mt.gov/PDF/SchoolFinance/ACCT/AccountingGuidanceMultiDistrict.pdf

The OPI will make the third partial preliminary payment on October 29, 2012, based on written agreements it receives between September 1, 2012 and September 30, 2012.  Remember, school districts have until December 31, 2012 to submit the required paperwork.  After the December 31, 2012, deadline, the OPI will recalculate the final distribution and send final payments to all school districts eligible for incentive funding.  The OPI anticipates the final payment will be made by February 29, 2013.


If you have questions or need assistance viewing the files, please contact Debbie Casey at (406) 444-3096 or dcasey@mt.gov .

If you have questions regarding the payment amounts, please contact Janelle Mickelson at (406) 444-3249 or jmickelson@mt.gov .

If you have accounting questions, please contact Steve Hamel at (406) 444-0783 or shamel@mt.gov .

For more information, contact Janelle Mickelson, (406) 444-3249