During the recent HPCSD Board of Education meeting, a significant discussion centered around an upcoming vote regarding the purchase of 17 electric buses, which is set to take place on Tuesday from 6 AM to 8 PM at Haviland Middle School. This vote is crucial as it is tied to a substantial $3.4 million grant awarded by the Environmental Protection Agency (EPA), aimed at supporting the transition to electric transportation within the district.
The urgency of the vote stems from the requirement to commit to the bus purchase by the end of the month to fully utilize the EPA grant. The total cost for the buses and their chargers is estimated at $7.9 million; however, with the grants from both the EPA and NYSERDA, the district's financial responsibility is significantly reduced. After applying the grants, the net cost for the district would be approximately $522,201, translating to just over $30,000 per bus.
In addition to the federal grants, the district plans to seek further funding for the installation of chargers, which NYSERDA will cover entirely. The financial strategy also includes potential tax credits from the IRS, which could provide up to $40,000 for each bus, further alleviating costs. New York State will continue to provide its regular aid, which is expected to cover 59% of the expenses.
The board emphasized the importance of community engagement in this decision, encouraging residents to review the detailed presentation available on the district's website, which includes a comprehensive overview of the grants and financial implications. This initiative not only aims to modernize the district's transportation fleet but also aligns with broader environmental goals, reflecting a commitment to sustainability and responsible fiscal management.
As the vote approaches, the board is hopeful for strong community support, recognizing that the approval will pave the way for a greener future in local transportation.