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What is the predicted cost used in the calculation of state transportation aid?

April 26, 2017aid calculation COST predicted State Transportation Used

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What is the predicted cost used in the calculation of state transportation aid?

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An analysis of transportation statistics has confirmed a strong correlation between the average number of bus miles per pupil traveled each day and the average cost per pupil mile. Based on this correlation, a curvilinear regression analysis is computed to predict the cost per pupil mile, based on the number of miles per pupil per day for each district. Each district has a unique predicted cost factor (5 CSR 30-261.040 (8)).