1. The superintendent of public instruction shall determine the educational cost per student.
2. In determining the educational cost per student, the superintendent may not use:
a. Capital outlay for buildings;
b. Capital outlay for sites;
c. Capital outlay for debt service;
d. Expenditures for school activities;
e. Expenditures for school lunch programs;
f. Expenditures for transportation costs, including schoolbuses; or g. Expenditures for early childhood education.