Legislative Budget Analysis ... Biennium 2009 Vol 7
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In our eReader you can find the full English version of the book. Read Legislative Budget Analysis ... Biennium 2009 Vol 7 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Legislative Budget Analysis ... Biennium 2009 Vol 7
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That statute allows this reversion to be calculated based upon either the difference between the projection and the actual enrollment for that year, or the difference between the projection and the actual enrollment average for the prior three years, whichever is lower.
The public poHcy objective of this reversion statute is to provide fiscal incentive for accurate enrollment projections by removing the opportunity for additional funding that would be based upon over projecting enrollment.
Ther...efore, in the base year FY 2006, while the student enrollment projections in HB 2 are 2,631 FTE, the actual student enrollment was only 2,216 FTE, so that a general fund reversion is required. That reversion level, calculated in accordance with the statute, is $659,162 total based upon the following amount from each college: • Dawson to revert: $20 1 ,334 (73 FTE student enrollment shortfall) • Miles to revert: $220,640 (80 FTE smdent enrollment shortfall) • Flathead Valley to revert: $237, 1 88 (86 FTE student enrolhnent shortfall) The executive budget accurately calculates the statutory general fund reversion and apphes this to the FY 2006 expenditure level in order to estabhsh the precise and accurate state fimding level for that year.
What to read after Legislative Budget Analysis ... Biennium 2009 Vol 7?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislative Fiscal Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
That statute allows this reversion to be calculated based upon either the difference between the projection and the actual enrollment for that year, or the difference between the projection and the actual enrollment average for the prior three years, whichever is lower.
The public poHcy objective of this reversion statute is to provide fiscal incentive for accurate enrollment projections by removing the opportunity for additional funding that would be based upon over projecting enrollment.
Ther...efore, in the base year FY 2006, while the student enrollment projections in HB 2 are 2,631 FTE, the actual student enrollment was only 2,216 FTE, so that a general fund reversion is required. That reversion level, calculated in accordance with the statute, is $659,162 total based upon the following amount from each college: • Dawson to revert: $20 1 ,334 (73 FTE student enrollment shortfall) • Miles to revert: $220,640 (80 FTE smdent enrollment shortfall) • Flathead Valley to revert: $237, 1 88 (86 FTE student enrolhnent shortfall) The executive budget accurately calculates the statutory general fund reversion and apphes this to the FY 2006 expenditure level in order to estabhsh the precise and accurate state fimding level for that year.
What to read after Legislative Budget Analysis ... Biennium 2009 Vol 7?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislative Fiscal Division to read onlineMoreLess
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