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District staff recommend buying out low‑mileage leased vehicles; administration estimates long‑term savings
5377654 · July 12, 2025
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Summary
Superintendent and staff told the board that seven low-mileage Enterprise lease vehicles could be purchased for a one-time payment roughly equal to one year of lease payments, with estimated savings of about $620,000 over ten years.
Keystone Central administrators recommended buying out seven low‑mileage vehicles leased through Enterprise rather than renewing leases, citing projected long-term savings.
Administrators told the board the buyout payment would be approximately $606,267.47 for seven vehicles and that, based on expected useful…
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