(a) A school district that provides student transportation services is eligible to receive funding for operating the student transportation system. Subject to appropriation, the amount of funding provided by the state under this section is the amount of the school district's ADM, less the ADM for the district's correspondence programs during the current fiscal year, multiplied by the per student amount for the school district as follows:



DISTRICT PER STUDENT AMOUNT


Alaska Gateway $1,566


Aleutians East 265


Anchorage 384


Annette Island 61


Bering Strait 45


Bristol Bay 2,187


Chatham 73


Copper River 1,387


Cordova 278


Craig 266


Deltareely 1,413


Denali 1,708


Dillingham 1,020


Fairbanks 665


Galena 241


Haines 592


Hoonah 281


Iditarod 178


Juneau 525


Kake 193


Kashunamiut 5


Kenai Peninsula 638


Ketchikan 686


Klawock 210


Kodiak Island 560


Kuspuk 618


Lake and Peninsula 359


Lower Kuskokwim 198


Lower Yukon 1


Matanuska-Susitna 726


Nenana 530


Nome 368


North Slope 896


Northwest Arctic 21


Pelican 68


Petersburg 261


Saint Mary's 71


Sitka 404


Skagway 34


Southeast Island 1,040


Southwest Region 565


Tanana 451


Unalaska 612


Valdez 629


Wrangell 563


Yakutat 683


Yukon Flats 237


Yukon/Koyukuk 282


Yupiit 2.



(b) In this section,


(1) "ADM" has the meaning given in AS 14.17.990
;


(2) "district's ADM" means the sum of the ADMs in the district.


(c) Beginning July 1, 2009, funding provided to a school district under (a) of this section shall be adjusted annually on October 1 according to changes in the Consumer Price Index for all urban consumers for the Anchorage metropolitan area compiled by the United States Department of Labor, Bureau of Labor Statistics. The index for 1982 to 1984 is the reference base index for an adjustment made under this subsection.