(105 ILCS 5/17-8) (from Ch. 122, par. 17-8)

Sec. 17-8. Transportation costs paid from transportation fund. Any transportation operating costs incurred for transporting pupils to and from school and school sponsored activities and the costs of acquiring equipment shall be paid from a transportation fund to consist of moneys received from any tax levy for such purpose, state reimbursement for transportation, except as provided in Section 29-5, all funds received from other districts for transporting pupils and any charges for transportation services rendered to individuals or auxiliary enterprises of the school.

For the purpose of this Act "transportation operating cost" shall include all costs of transportation except interest and rental of building facilities.

(Source: P.A. 85-581.)