Mont. Admin. R. 10.21.102E - CALCULATION OF GTBA TO QUALIFYING COUNTIES

Current through Register Vol. 6, March 25, 2022

(1) After receiving the certified county retirement levies, the State Superintendent of Public Instruction will determine the amount of retirement fund GTBA a qualifying county will receive in FY 20XX+1 using the following calculations:
(a) statewide mill value per ANB - county mill value per ANB = "A"
(b) "A" times county elementary or high school 20XX+1 budgeted ANB = "B"
(c) "B" times certified elementary or high school FY 20XX+1 county retirement fund mills levied = dollar amount of 20XX+1 GTBA a county will receive in support of the elementary or high school county retirement fund.

Notes

Mont. Admin. R. 10.21.102E
NEW, 1994 MAR p. 1824, Eff. 7/8/94; AMD, 2004 MAR p. 1613, Eff. 7/23/04; AMD, 2006 MAR p. 3070, Eff. 12/22/06.

20-9-102, 20-9-369, MCA; IMP, 20-9-366, 20-9-367, 20-9-368, 20-9-369, 20-9-370, 20-9-371, MCA;

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