The superintendent of public instruction shall calculate the quarterly allocation of moneys to the University of Washington transition school and early entrance program(s) using information available at the time the calculation is made as follows:

1. (1) Sum the following for each eligible student:

   1. (a) Determine the revenue per eligible annual average full-time equivalent student; and
   2. (b) Multiply the result obtained in (a) of this subsection by the annual average full-time equivalency of the eligible student.
2. (2) Adjust the result obtained in subsection (1) of this section by any over or under payments resulting from prior quarterly allocations.

[Statutory Authority: RCW 28A.150.290. WSR 02-15-150, § 392-120-065, filed 7/22/02, effective 8/22/02. Statutory Authority: RCW 28A.185.040. WSR 97-20-002 (Order 97-05), § 392-120-065, filed 9/17/97, effective 10/18/97. Statutory Authority: RCW 28A.58.217. WSR 90-09-038 (Order 90-04), § 392-120-065, filed 4/12/90, effective 5/13/90.]