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Board hears six-month financial report; district replacing 49 buses amid funding gap
Summary
Finance staff told the board the district purchased 49 replacement buses at $136,387 each, noted a $61,387 per-bus gap versus state fleet funding of $75,000, and said the district will use one-time state 'advancement technology' funds to cover the shortfall while warning about ongoing revenue pressure from e-commerce sales tax shifts.
Tuscaloosa City Schools finance staff presented the district’s six-month financial report on June 3 and detailed a large bus-replacement outlay and a continuing sales-tax funding challenge.
Mister Duke, presenting the management and revenue updates, said the district has purchased 49 school buses at a cost of $136,387 each and plans to replace another 24 buses next year. He explained the state fleet-renewal payment for a school bus remains $75,000, leaving a…
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