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
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
20-9-509. Lease or rental agreement fund
20-9-510. Traffic education fund
20-9-511. Interlocal cooperative fund
20-9-512. Compensated absence liability fund
20-9-515. Litigation reserve fund
20-9-516. School facility and technology account
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
20-9-533. 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
20-9-543. School flexibility fund -- uses