Montana Code Annotated
Part 1. Budget Systems and Program Plans
17-7-142. Calculation of reversions and fees for funded resident enrollment growth in Montana university system and community colleges

17-7-142. (Temporary) Calculation of reversions and fees for funded resident enrollment growth in Montana university system and community colleges. (1) The reversion calculation in this section is effective only in those years when the legislature funds resident enrollment growth based on resident enrollment projections and requires a reversion by the Montana university system or a community college if the resident enrollment projections are not met.
(2) The reversion must be calculated based on the marginal funding for each resident FTE identified in the general appropriations act.
(3) The total reversion is calculated based on the difference between the FTE resident enrollment projection and the actual FTE resident enrollment or the FTE resident enrollment projection and the prior 3-year average FTE resident enrollment, whichever is lower.
(4) For a community college, any difference calculated under subsection (3) must be paid as a fee to the community college FTE adjustment account established in [20-15-328]. (Terminates June 30, 2023--sec. 11, Ch. 348, L. 2021.)
17-7-142. (Effective July 1, 2023) Calculation of reversions for funded resident enrollment growth in Montana university system. (1) The reversion calculation in this section is effective only in those years when the legislature funds resident enrollment growth based on resident enrollment projections and requires a reversion by the Montana university system if the resident enrollment projections are not met.
(2) The reversion must be calculated based on the marginal funding for each resident FTE identified in the general appropriations act.
(3) The total reversion is calculated based on the difference between the FTE resident enrollment projection and the actual FTE resident enrollment or the FTE resident enrollment projection and the prior 3-year average FTE resident enrollment, whichever is lower.
History: En. Sec. 1, Ch. 253, L. 2001; amd. Sec. 1, Ch. 23, L. 2003; amd. Secs. 1, 2, Ch. 348, L. 2021.

Structure Montana Code Annotated