Section 15-963 - Capital transportation adjustment for small school districtsA. A school district may apply to the state board of education for a capital transportation adjustment for the purchase of a transportation vehicle if the district meets all of the following requirements:1. Has a student count of fewer than six hundred in kindergarten programs and grades one through twelve.2. Transports as eligible students at least one-third of the total student count of the school district.3. Has an approved daily route mileage per eligible student transported of more than 1.0, computed as prescribed in section 15-945, subsection A, paragraph 4.B. If a school district receives a capital transportation adjustment as provided in this section, district additional assistance for that district shall be equal to district additional assistance determined as prescribed in section 15-961 plus any additional amount approved by the state board of education.C. The state board of education may grant a capital transportation adjustment to a school district which meets the qualifications prescribed in subsection A of this section, except that the total amount of all additional amounts approved as capital transportation adjustments for all school districts for a fiscal year shall not exceed twenty per cent of the total amount which a county may budget for that fiscal year in all small district service program funds as provided in section 15-365, subsection F.Amended by L. 2013SP1, ch. 3,s. 30, eff. 9/12/2013.