Quick Reference: MSL Terms, Acronyms, and Lingo
Acronyms and common terms used throughout this course and site are included in this glossary.
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FederationsFederations receive funding through the Coal Severance Tax monies that the state receives. This money is divided amongst federations using a formula that is based upon population and evenly dividing the funding. ARM 10.102.5102 gives the specific formula. Federations are guided by a federation coordinator who is responsible for leading the federation and acting as a liaison between the Montana State Library and the federation.Montana is divided up into six regions. Libraries within those regions have formed a federation. It's a formal and informal way to network and improve library services in Montana. The six federations are:
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FTEFull-time
Equivalent A measure of employee workload based on a forty-hour work week. 1 FTE represents a full-time position. | |
FYFiscal
Year State Fiscal year runs from July 1 to June 30 of the following calendar year. Federal Fiscal year typically runs from October 1 to September 30 of the following calendar year. | |