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District 97 discusses five-year renewal proposal with Lakeview Transportation; McKinney-Vento discount offered for year one
Summary
Board discussion covered a proposed five-year renewal with Lakeview Transportation featuring 5% annual increases, a proposed 10% year-one discount for McKinney-Vento rides, and possible participation in an electric-bus grant.
District 97 staff reported Jan. 14 on negotiations with Lakeview Transportation, the district's longstanding contractor, and outlined terms discussed for a potential five-year renewal.
District officials said Lakeview proposed 5% annual rate increases for the renewal term; the districtfinancial projections currently use 6% annual increases as a conservative modeling assumption. Lakeview…
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