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