Current through the 2023 Regular Session
Section 20-15-311 - Funding sources(1) The annual current fund budget of a community college district created on or after January 1, 2021, may be financed from the following sources: (a) the estimated revenue to be realized from student tuition and fees, except revenue related to community service courses, as defined by the board of regents;(b) the state general fund appropriation pursuant to 20-15-310;(c) the operating levy pursuant to 20-15-316;(d) all other income, revenue, balances, or reserves not restricted by a source outside the community college district to a specific purpose;(e) income, revenue, balances, or reserves restricted by a source outside the community college district to a specific purpose. Student fees paid for community service courses, as defined by the board of regents, are considered restricted to a specific purpose.(f) income from a political subdivision that is designated a community college service region under 20-15-241.(2) The annual current fund budget of a community college district created prior to January 1, 2021, may be financed from the following sources: (a) the estimated revenue to be realized from student tuition and fees, except revenue related to community service courses, as defined by the board of regents;(b) the state general fund appropriation pursuant to 20-15-310;(c) subject to 15-10-420, a mandatory mill levy on the community college district;(d) pursuant to 20-9-501, a retirement levy;(e) pursuant to 2-9-212, a levy for employer contributions to group benefits plans;(f) subject to 15-10-420, the adult education levy authorized under 20-15-305;(g) an optional voted levy on the community college district that must be submitted to the electorate in accordance with general school election laws and 15-10-425;(h) all other income, revenue, balances, or reserves not restricted by a source outside the community college district to a specific purpose;(i) income, revenue, balances, or reserves restricted by a source outside the community college district to a specific purpose. Student fees paid for community service courses, as defined by the board of regents, are considered restricted to a specific purpose.(j) income from a political subdivision that is designated a community college service region under 20-15-241.Amended by Laws 2021, Ch. 351,Sec. 21, eff. 7/1/2021.En. Sec. 3, Ch. 495, L. 1981; amd. Sec. 3, Ch. 575, L. 1983; amd. Sec. 117, Ch. 584, L. 1999; amd. Sec. 30, Ch. 495, L. 2001; amd. Sec. 125, Ch. 574, L. 2001.