Cal. Code Regs. tit. 5 § 15240

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 15240 - Current Expenses

"Current Expenses" for pupil transportation include all expenditures, except for capital outlay, made by a school district during a fiscal year in providing authorized pupil transportation. Such expenditures shall be those recorded direct costs of transportation under the Support Service Programs as defined in Part I of the California School Accounting Manual.

Cost of equipment and supplies purchased but not used during the fiscal year for pupil transportation purposes is not a "current expense."

Cal. Code Regs. Tit. 5, § 15240

1. New Chapter 5 (§§ 15240-15244, 15246-15249, 15253-15257, 15260, 15261, 15270-15273, 15280-15285, 15320-15325, and 15340-15343), filed 12-18-69; effective thirtieth day thereafter (Register 69, No. 51).
2. Amendment filed 6-7-74; effective thirtieth day thereafter (Register 74, No. 23).
3. Amendment of NOTE filed 9-23-77; effective thirtieth day thereafter (Register 77, No. 39).

Note: Authority cited for Chapter 5: Section 41853 and 41855, Education Code. Issuing agency: Superintendent of Public Instruction.

1. New Chapter 5 (ss 15240-15244, 15246-15249, 15253-15257, 15260, 15261, 15270-15273, 15280-15285, 15320-15325, and 15340-15343), filed 12-18-69; effective thirtieth day thereafter (Register 69, No. 51).
2. Amendment filed 6-7-74; effective thirtieth day thereafter (Register 74, No. 23).
3. Amendment of NOTE filed 9-23-77; effective thirtieth day thereafter (Register 77, No. 39).