Allocation Of Federal Funds In Lieu Of Property Taxation

Mont. Code Ann. § 20-9-143, under School Budgets.

Mont. Code Ann. § 20-9-143

Federal funds received by a district under the provisions of impact aid, as provided in 20 U.S.C. 7701, et seq., or funds designated in lieu of the federal act by the congress of the United States must be deposited in the impact aid fund established in 20-9-514.