Montana Code 7-6-4012. Fee based budgets — adjustable appropriation
7-6-4012. Fee based budgets — adjustable appropriation. (1) In its final budget resolution, the governing body may authorize adjustments to appropriations funded by fees throughout the budget period. Adjustable appropriations are:
Terms Used In Montana Code 7-6-4012
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Budget resolution: Legislation in the form of a concurrent resolution setting forth the budget. The budget resolution establishes various budget totals, divides spending totals into functional categories (e.g., transportation), and may include reconciliation instructions to designated committees.
- Governing body: means the elected body responsible for the administration of a local government. See Montana Code 7-6-4002
- Local government: has the meaning provided in 7-6-602. See Montana Code 7-6-4002
(a)proprietary fund appropriations; or
(b)other appropriations specifically identified in the local government‘s final budget resolution as fee-based appropriations.
(2)Adjustments of fee-based appropriations must be:
(a)based upon the cost of providing the services supported by the fee; and
(b)fully funded by the related fees for services, fund reserves, or nonfee revenue such as interest.