Reinstating categorical transportation funding for school districts; prescribing a formula for computation of predicted base cost for transportation formula allowance determination purposes and requiring certain adjustments; specifying eligible transportation categories and the transportation aid formula, excluding special education and desegregation transportation and requiring reservation of a certain amount for student transportation safety programs; specifying certain pupil transportation services for school districts levy purposes; eliminating the transportation transition allowance formula; appropriating money to the commissioner of children, families and learning for transportation aid; repealing the transportation sparsity revenue allowance(je)