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What effect do school bus payments (Expenditure Function Code 6552) have on the calculation?

April 26, 2017bus calculation code expenditure function PAYMENTS School

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What effect do school bus payments (Expenditure Function Code 6552) have on the calculation?

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School bus payments have no effect on the calculation for state transportation aid since school bus payments (Expenditure Function 6552) are subtracted out of the allowable costs.