§ 22-8-29.4. Transportation distribution adjustment factor

A. The department shall establish a transportation distribution adjustment factor. The adjustment factor shall be calculated as follows: (1) calculate the unadjusted transportation allocation for each school district and state-chartered charter school, designated in Section 22-8-29.1 NMSA 1978 as product A plus product B; (2) the sum total of product A plus product B in all school districts and state-chartered charter schools added together equals product C; and (3) subtract product C from the total operational transportation distribution for the current year and divide the result by product C and then add 1 in the following manner: “[(total operational transportation distribution-C) / C] + 1”. The result is the transportation distribution adjustment factor. B. As used in this section, “ total operational transportation distribution ” means the total legislative appropriation for the transportation distribution minus amounts included for capital outlay expenses.