School Finance


Partial Preliminary Payment of One-Time Incentive Funds for Multidistrict Coops

Monday, October 29, 2012, 1:30 pm

Senate Bill 329 and House Bill 2 appropriated $2 million for the biennium for one-time payments to school districts participating in multidistrict cooperatives as of December 31, 2012.  The Office of Public Instruction (OPI) made the final partial preliminary payments on October 29, 2012, to school districts that submitted written agreements to the OPI between September 1, 2012 and September 30, 2012.

The allocations are posted on the OPI website at the following link:

http://www.opi.mt.gov/pdf/SchoolFinance/Entitle/12OctPartialMultidistIncentPmt.pdf

Accounting guidance for the One-Time Incentive Payment is posted on the OPI website at: http://opi.mt.gov/PDF/SchoolFinance/ACCT/AccountingGuidanceMultiDistrict.pdf

Remember, school districts have until December 31, 2012 to submit the required paperwork.  After the December 31, 2012, deadline, the OPI will recalculate the final distribution and send final payments to all school districts eligible for incentive funding.  The OPI anticipates the final payment will be made by February 28, 2013.

If you have questions or need assistance viewing the files, please contact Debbie Casey at (406) 444-3096 or dcasey@mt.gov .

If you have questions regarding the payment amounts, please contact Janelle Mickelson at (406) 444-3249 or jmickelson@mt.gov .

If you have accounting questions, please contact Steve Hamel at (406) 444-0783 or shamel@mt.gov .

For more information, contact Janelle Mickelson, (406) 444-3249