6.43.3.9

REQUIREMENTS OF SCHOOL DISTRICTS

1. A. Each school district that receives transportation distributions in accordance with Sections 22-8-26, 22-8-29, 22-8-29.1, 22-8-29.4, and 22-8-29.6, NMSA, 1978 shall report to the department their budget and expenditures on forms provided by the department.

2. B. School districts shall use their remaining balance as follows.

   (1) At least twenty-five percent of the total remaining balance shall be used for to-and-from transportation-related services, excluding salaries and benefits.

   (2) Up to twenty-five percent of the total remaining balance may be used for other transportation-related services, excluding salaries and benefits.

   (3) The school district may use fifty percent of the total remaining balance for to-and-from transportation-related services, excluding salaries and benefits.

   [07-30-99; 6.43.3.9 NMAC - Rn, 6 NMAC 9.4.3.9, 12-29-2000]

   HISTORY OF 6.43.3 NMAC: [RESERVED]