District staff recommend buying out low‑mileage leased vehicles; administration estimates long‑term savings
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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 life and maintenance, the district could save an estimated $620,000 over 10 years by owning the vehicles instead of continuing lease payments. The vehicles are used by property services and other district operations for site work, equipment transport and staff travel, the administration said.
Board members asked about intended use and noted potential opportunities for career and technical education (CTE) students to participate in vehicle maintenance or inspections. Administrators said some vehicles are panel vans used by maintenance teams and that they will explore whether automotive CTE students can perform eligible work under supervision. Discussion also covered using district vehicles for events to reduce mileage reimbursements to employees.
No board vote was recorded in the transcript; administration presented the financial rationale and said it would move forward with the recommended buyouts if approved at a later action meeting.