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10.23.103    VOTED AMOUNT

(1) If adopting a general fund budget that is less than or equal to the ensuing year's maximum general fund budget and is within limits of 20-9-308 , MCA, the trustees of a district must obtain voter approval for any dollar increase in the over-BASE levy budgeted for the current year.

(2) Except as provided in (3) , if adopting a general fund budget that exceeds the ensuing year's maximum general fund budget and is within limits of 20-9-308 , MCA, the trustees must obtain voter approval for any amount budgeted above the ensuing year's maximum budget.

(3) For FY 2005-06 and FY 2006-07, the trustees adopting a general fund budget that exceeds the ensuing year's maximum general fund within the limits of 20-9-308 , MCA, must obtain voter approval for the amount budgeted above the greater of:

(a) the ensuing year's maximum budget; or

(b) the sum of the BASE, plus the previous year's over-BASE levy amount, plus the fund balance reappropriated available to fund the over-BASE budget, plus the prior year's excess reserves used to fund the over-BASE budget, plus the estimated tuition revenues used to fund the over-BASE.

History: 20-9-102, MCA; IMP, 20-9-353, MCA; NEW, 1990 MAR p. 510, Eff. 3/16/90; AMD, 1992 MAR p. 224, Eff. 2/14/92; AMD, 1994 MAR p. 1824, Eff. 7/8/94; AMD, 1998 MAR p. 1719, Eff. 6/26/98; AMD, 2000 MAR p. 632, Eff. 2/25/00; AMD, 2006 MAR p. 3070, Eff. 12/22/06.

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