BUS REPLACEMENT FUND
|CGCSC Bus Lot
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.
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.