Is there an advantage to lowering the cost factor below 104.00%? If so, when?
If a district’s cost factor drops below 104.00% no additional transportation aid is generated; however, a drop in cost is always a local district savings, i.e., 75% maximum reimbursement by the state, 25% minimum paid out of local district funds (5 CSR 30-261.040 (8) (A) 4).