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RSU 06 board approves lease purchase of three school buses totaling $335,522.85
Summary
The RSU 06 school board voted unanimously to adopt a resolution authorizing a lease purchase for three new school buses with a principal amount of $335,522.85; the district expects to retire older buses and offer surplus vehicles to towns and vendors.
The RSU 06 School Board voted to adopt a resolution authorizing a lease purchase of three new school buses with a principal amount of $335,522.85.
The motion was moved by Vice Chair Director Heath and seconded by Director Sargent. Director Sargent told the board, "The state has approved us for three buses this year, and these are the three. They are lease purchases, so at the end, we own the buses for a dollar. And the interest rate is favorable over the period." The motion passed with 10 members voting in the affirmative and one member excused.
Board discussion focused on vehicle disposition and community reuse. Finance staff said the district will retire buses taken out of circulation, offer towns first refusal, and then sell remaining vehicles to vendors through sealed bids. Director Park thanked the district for arranging a bus transfer to the Limington recreation program. Finance staff indicated the district will bring a disposal list to the finance and facilities committee and that previous practice had left retired vehicles in storage rather than formally disposed of.
Votes at a glance - Motion to accept agenda as written (mover: Vice Chair/Director Heath; second: Director Kreutz). Outcome: approved, 10–0. - Motion to accept minutes of 08/18/2025 as written (mover: Vice Chair/Director Heath; second: Director Black). Outcome: approved, 10–0. - Motion to accept the consent calendar (mover: Vice Chair/Director Heath; second: Director Sargent). Outcome: approved, 10–0. - Resolution to authorize lease purchase of three new school buses in the principal amount of $335,522.85 (mover: Vice Chair/Director Heath; second: Director Sargent). Outcome: approved, 10–0 (Director Moses excused).
The board did not provide additional budget detail in the meeting discussion; a packet note referenced finance committee review and indicated favorable interest rates secured by district staff.
