Cal. Code Regs. tit. 5 § 15342

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 15342 - Maximum Allowance for Capital Outlay

The maximum allowance for capital outlay expense shall be the lesser of the following:

(a) The actual cost of the bus or buses required.

(b) An amount determined by dividing the number of pupils requiring transportation by the capacity of the bus plus 25 percent, multiplied by the actual cost of the bus.

Cal. Code Regs. Tit. 5, § 15342