H259 - 2023 Appropriations Act. (SL 2023-134)

Overview: Section 7.47 of S.L. 2023-134 clarifies that the State Board of Education (SBE) must allocate transportation funds appropriated by the General Assembly to local boards of education based on the local school administrative unit's efficiency in transporting students. Funds must be allocated at the beginning of each fiscal year based on available data from the previous school year, except that the SBE can reserve 5%, rather than the previous 10%, for future allocation. Prior to April 1 of the fiscal year in which funds are reserved, the reserved funds can only be allocated in the event of any emergency need of a local school administrative unit. After April 1, the SBE must allocate remaining funds to all local school administrative units based on efficiency.

This section became effective July 1, 2023.