Montana Code Annotated
Part 5. Special Purpose Funds
20-9-543. School flexibility fund -- uses

20-9-543. School flexibility fund -- uses. (1) The trustees of a district may establish a school flexibility fund and may use the fund, in their discretion, for school district expenditures incurred for:
(a) technological equipment enhancements and expansions considered by the trustees to support enhanced educational programs in the classroom;
(b) facility expansion and remodeling considered by the trustees to support the delivery of educational programs or the removal and replacement of obsolete facilities;
(c) supplies and materials considered by the trustees to support the delivery of enhanced educational programs;
(d) student assessment and evaluation;
(e) the development of curriculum materials;
(f) training for classroom staff considered by the trustees to support the delivery of enhanced educational programs;
(g) purchase, lease, or rental of real property that must be used to provide free or reduced price housing for classroom teachers;
(h) salaries, benefits, bonuses, and other incentives for the recruitment and retention of classroom teachers and other certified staff, subject to collective bargaining when applicable; or
(i) increases in energy costs caused by an increase in energy rates from the rates paid by the district in fiscal year 2001 or from increased use of energy as a result of the expansion of facilities, equipment, or other resources of the district.
(2) The financial administration of the school flexibility fund must be in accordance with the financial administration provisions of this title for a budgeted fund.
History: En. Sec. 3, Ch. 237, L. 2001; amd. Sec. 27, Ch. 457, L. 2015; amd. Sec. 1, Ch. 9, L. 2021.

Structure Montana Code Annotated

Montana Code Annotated

Title 20. Education

Chapter 9. Finance

Part 5. Special Purpose Funds

20-9-501. Retirement costs and retirement fund

20-9-502. Purpose and authorization of building reserve fund -- subfund structure

20-9-503. Budgeting, tax levy, and use of building reserve fund

20-9-504. Extracurricular fund for pupil functions

20-9-505. Purpose and establishment of nonoperating fund

20-9-506. Budgeting and net levy requirement for nonoperating fund

20-9-507. Miscellaneous programs fund

20-9-508. Building fund

20-9-509. Lease or rental agreement fund

20-9-510. Traffic education fund

20-9-511. Interlocal cooperative fund

20-9-512. Compensated absence liability fund

20-9-513. Repealed

20-9-514. Impact aid fund

20-9-515. Litigation reserve fund

20-9-516. School facility and technology account

20-9-517. Repealed

20-9-518. Repealed

20-9-519. reserved

20-9-520. Repealed

20-9-521. Terminated

20-9-522. through 20-9-524 reserved

20-9-525. School major maintenance aid account -- formula

20-9-526. through 20-9-530 reserved

20-9-531. Repealed

20-9-532. Repealed

20-9-533. Technology acquisition and depreciation fund -- limitations

20-9-534. Statutory appropriation for school technology purposes

20-9-535. and 20-9-536 reserved

20-9-537. Montana Indian language preservation program

20-9-538. through 20-9-540 reserved

20-9-541. Repealed

20-9-542. Repealed

20-9-543. School flexibility fund -- uses

20-9-544. Repealed

20-9-545. through 20-9-569 reserved

20-9-570. Statewide average per-pupil spending