Bus Replacement

Purpose:
This fund is used only to buy school buses used to transport children. This includes the large yellow buses, special education buses, and activity buses.

Revenue Sources:
More than 99% of the revenue in this fund comes from property tax and other local taxes.

Property Tax Impact:
The tax levy increases in this fund are limited by a state inflation factor which has been about 2.5% for the last few years.  This provides increased revenues in this fund for most years.  Buses are supposed to be replaced based on a 12-year replacement plan, but in many school corporations, including Center Grove, the tax levy does not provide enough money to replace buses that often.