Each year, Liverpool Central School District voters are presented with a proposition to purchase new buses and vehicles for the Transportation Department.
Why?
The purchases are part of the district’s planned vehicle replacement program that keeps its fleet of vehicles in safe, working order and in line with New York State safety standards.
Each day, Liverpool Central School District buses safely transport more than 6,700 students to 38 buildings throughout Central New York, which can result in a great deal of wear and tear over the years.
Typically, the Liverpool Central School District utilizes these school buses and vehicles for approximately 10 years. Like personal vehicles, school buses boast new features every year. By the 10-year mark, older school buses will likely need significant investment in parts and repairs to meet the safety standards of the newer buses.
Proposition #2: Bus & Vehicle Purchase - $2,717,264
Shall the Board of Education (the “Board”) of the Liverpool Central School District (the “School District”) be authorized to purchase and finance student transportation vehicles, at a total combined maximum estimated cost not to exceed $2,717,264, and shall the Board be authorized to raise the specified sum for these purposes, or so much thereof as may be necessary, by levying a tax upon the taxable property of the School District, to be collected in annual installments in the years and in the amounts as the Board shall determine in accordance with Section 416 of the Education Law; and in anticipation of such tax, to issue up to $2,717,264 of obligations of the School District?
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What would the district like to purchase? |
|
|
10 Large 66 Passenger Buses |
$2,163,240 |
|
2 Small Buses |
$243,646 |
|
2 Small Buses w/Wheel Chair Lift |
$290,378 |
|
Financing Fees |
$20,000 |
|
Total Not to Exceed |
$2,717,264 |
|
Less: |
|
|
Transportation Aid Ratio 25-26 (78%) |
$2,119,466 |
|
Total Estimated Local Share |
$597,798 |
|
Est Local Share Per Year Over 5 Years |
$119,560 |