BUS REPLACEMENT FUND
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 4% for the last few years. This provides increased revenues in this fund for most years. The state recommends replacing buses every 12 years.