WAC 392-142-250. Calculation and allocation schedule

The superintendent shall calculate annual school bus reimbursement payments for existing school buses by September 15th of each year. Calculation of reimbursement for a school bus entering the system during a school year shall be based on the number of remaining eligible months in the school year. The superintendent shall apportion school bus reimbursement payments as follows: (1) Replacement system payments shall be distributed to school districts on the final business day of August of each year; (2) Depreciation system payments shall be distributed to school districts in accordance with the schedule set forth in RCW 28A.510.250 ; and (3) Charter school system payments shall be distributed in accordance with the schedule set forth in RCW 28A.510.250 .