Montana § 17-7-142 Calculation Of Reversions For Funded Resident Enrollment Growth In Montana University System

Montana Statutes

§ 17-7-142 — Calculation Of Reversions For Funded Resident Enrollment Growth In Montana University System

Montana·Title 17 STATE FINANCE·Ch. 7 BUDGETING AND APPROPRIATIONS·Part 1 Budget Systems and Program Plans

17-7-142 . 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.

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17-7-142 . 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.

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