A BILL TO BE ENTITLED
AN ACT to revise the school transportation funding formula.
The General Assembly of North Carolina enacts:
SECTION 1.  Beginning with the 2007‑2008 fiscal year, the State Board of Education shall allot funds in the Transportation of Pupils Allotment as follows:
(1)	Each local school administrative unit shall receive an amount equal to its actual cost of transporting children with disabilities for the 2006‑2007 school year, adjusted for inflationary increases and for changes in average daily membership.
(2)	The remainder of the funds shall be allotted on the basis of average daily membership, adjusted by population density and a measure of the cost of operating a motor vehicle in the county.
SECTION 2.  This act becomes effective July 1, 2007.