When determining a nonhigh school district's capital fund payments to a serving high school district, a serving high school district may not:
(1) Bill the nonhigh school district an amount which is greater than the sum of the calculation determined by the superintendent of public instruction under WAC
392-132-040;
(2) Collect capital funds payments from a nonhigh school district using an expedited payment schedule which would require the nonhigh school district to make capital fund payments on a more accelerated or condensed payment schedule than that of the serving high school district.
[Statutory Authority: RCW
28A.525.020. WSR 21-09-089, § 392-132-075, filed 4/21/21, effective 5/22/21.]