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

(a) any amount of reappropriated fund balance and nonlevy revenue remaining after the BASE budget is funded;

(b) estimated tuition receipts not used to fund the BASE budget;

(c) excess general fund reserves established in accordance with ARM 10.22.103 and reported on the final budget for the current year; and

(d) a district property tax levy.

(2) Guaranteed tax base aid may not be used to fund the over-BASE budget.

History: 20-9-102, MCA; IMP, 20-9-308, MCA; NEW, 1994 MAR p. 1824, Eff. 7/8/94; AMD, 2002 MAR p. 1740, Eff. 6/28/02.