Transportation
TRANSPORTATION OPERATING FUND
OVERVIEW
Purpose:This fund is used for the operating expenses of transporting children to and from school and school events. It includes all the expenses associated with busing children except the bus itself.
Revenue Sources:
About 98% of the revenue in this fund comes from property tax and other local taxes. Organizations which sponsor field trips pay the Transportation Fund for the expense of those trips.
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.