(a)To qualify for state funding, a community college
shall:
(i)Be accredited academically by the regional
accrediting agency; and
(ii)Provide for a levy of four (4) mills on the
taxable valuation of the district for the regular support and
operation of the community college in the year for which the
appropriation is requested.
(b)A biennial funding report shall be provided by each
community college to the community college commission at the
beginning of each biennium in a form and format determined by
the commission. Any amendments to the report shall be provided
to the commission immediately after adoption by the board.
(c)State funding for the assistance of community colleges
shall be appropriated to the community college commission unless
otherwise specified by law. Subject to the
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(a) To qualify for state funding, a community college
shall:
(i) Be accredited academically by the regional
accrediting agency; and
(ii) Provide for a levy of four (4) mills on the
taxable valuation of the district for the regular support and
operation of the community college in the year for which the
appropriation is requested.
(b) A biennial funding report shall be provided by each
community college to the community college commission at the
beginning of each biennium in a form and format determined by
the commission. Any amendments to the report shall be provided
to the commission immediately after adoption by the board.
(c) State funding for the assistance of community colleges
shall be appropriated to the community college commission unless
otherwise specified by law. Subject to the provisions of this
section, funds appropriated for each biennium shall be
distributed by the commission to community colleges in amounts
determined by a funding allocation model adopted by rule of the
commission. Funding allocation model components for fixed and
variable costs shall be defined by and computed in accordance
with guidelines and procedures prescribed by rule and regulation
of the commission, applied to the distribution of state
appropriations for each biennial budget period and reallocated
at a schedule specified by rule and regulation of the
commission, but in no event less than once every four (4) years.
The commission may maintain a contingency reserve account
utilizing any revenue derived under W.S. 9-4-601(b)(iv)(A) to be
distributed as a component of the funding allocation model for
specific use by the colleges for emergency repairs and
preventive maintenance.
(i) Repealed By Laws 2000, Ch. 33, § 2.
(ii) Repealed By Laws 2000, Ch. 33, § 2.
(iii) Repealed By Laws 2000, Ch. 33, § 2.
(iv) Repealed By Laws 2000, Ch. 33, § 2.
(d) Repealed By Laws 2000, Ch. 33, § 2.
(e) The commission may by exception budget, request
additional state funding to be designated as special purpose
funding, accounted for and distributed separately from
distributions under the funding allocation model. Special
purpose funding under this subsection shall be limited to
amounts and for the period of time specified by the legislature
and shall not be included in any subsequent biennial budget
unless specifically requested by the commission and approved by
the legislature. Funds appropriated pursuant to this subsection
shall be distributed in amounts and at times determined by the
commission, subject to the following:
(i) Special purpose funding, accounted for
separately, to be designated as adjustments to funding
allocation model distributions for the effects of enrollment
growth shall not be transferred to or expended for any other
purpose. Any amount of this special purpose funding request
remaining unexpended or unencumbered at the end of the budget
period for which appropriated shall revert according to law;
(ii) Special purpose funding may be requested under
this subsection for use by the commission in funding new
programs addressing unanticipated and emerging statewide needs
during the biennial budget period which are consistent with the
statewide community college system strategic plan. Funds
appropriated by the legislature for purposes of this paragraph
shall be accounted for separately and shall not be transferred
or expended for any other purpose or as part of state assistance
under subsection (c) of this section. Any unexpended or
unencumbered amount of special purpose funding under this
paragraph remaining at the end of the budget period for which
appropriated shall revert as provided by law.
(f) Up to fifteen percent (15%) of each community
college's unrestricted operating funds for a biennium may be
carried forward into the next biennium by each community
college. The cumulative total amount of unrestricted operating
funds carried forward from previous bienniums shall never exceed
fifteen percent (15%) of the community college's current
biennium unrestricted operating funds. Funds carried forward in
accordance with this subsection shall not lapse pursuant to W.S.