May 17, 2017 10:23 AM
South Colonie Bus Purchase Proposition Passes
South Colonie residents approved a special proposition on May 16 by a vote of 1,124-293 allowing for the purchase of 10 school bus vehicles at a cost not to exceed $1,092,500. The purchase is eligible for state transportation aid of 52.8 percent — making the average annual net cost to the district $121,320 after the aid. The money will be borrowed over five years. The average annual net tax impact will be 4.4 cents per $1,000 of assessed value after aid. The first payment would not be due until the 2018-19 school year. The proposed purchase plan helps the district to replace older, high mileage/high maintenance buses which become expensive to repair. The proposition calls for purchasing: The proposition calls for purchasing: Four 66-passenger school buses • Two 24-passenger wheelchair buses • Two 36-passenger school buses • One 16-passenger school bus • One 6-passenger utility vehicle/bus.
Updated: May 17, 2017 10:23 AM
Created: May 16, 2017 10:07 PM
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