Alabama Administrative Code
Title 290 - ALABAMA STATE BOARD OF EDUCATION
Chapter 290-2-1 - APPORTIONMENT OF FUNDS
Section 290-2-1-.03 - Annual Apportionment Of Transportation Funds
Current through Register Vol. 42, No. 11, August 30, 2024
(1) Calculations for the average daily number of transported pupils shall include only the transportation of children who live two miles or more from a school center; provided, however, that the transportation of disabled pupils living any distance from a school shall be included if transported at public expense.
(2) Calculation of Operating Allocation. The operating allocation for transportation shall be calculated as follows:
(3) Calculation of Fleet Renewal Allocation. Fleet renewal allocations are based on a 10 year depreciation schedule. Buses used on daily qualify for fleet renewal. New buses ordered on bids awarded before November 1 will be counted towards the fleet renewal allocation.
(4) The Annual Transportation Allowance. The total transportation allocation for each local board is the sum of the operating allocation and the fleet renewal allocation. The amount of the annual transportation allowance resulting from the depreciation of school buses shall be set aside for fleet renewal for new bus purchases or for servicing a debt resulting from new bus purchases. Debt obligations for bus purchases must be approved by the State Superintendent if the school system does not have a one-month general fund balance. Fleet renewal funds may not be used for operating cost and may be carried over to future years.
Author: Ed Richardson
Statutory Authority: Code of Ala. 1975, §§ 16-13-50et seq.; Ala. Acts 95-313 and 95-314.