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Hyde Park board outlines plan for 17 zero-emission buses, schedules Nov. 19 voter referendum
Summary
Assistant Superintendent Linda Steinberg told the board the district has been awarded $3.4 million from the EPA and other incentives that could reduce net cost for 17 electric buses to about $522,200; the board scheduled a Nov. 19 vote so the district can meet an EPA purchase-order deadline.
Assistant Superintendent Linda Steinberg presented the district's financing plan for purchasing 17 zero-emission school buses and urged the board and community to vote on Nov. 19 so the district can secure federal and state grants.
Steinberg said the EPA awarded Hyde Park "$3,400,000.0, to be used towards the purchase of 17 buses at $200,000 each," and described additional incentives including NYSERDA's New York School Bus Incentive Program (NISBIP), charger grants, and a direct-payment tax credit under the Inflation Reduction Act. She summarized the district's calculation that, after stacking the available grants and credits, the net cost to the district for all 17 buses would be about $522,200—roughly $30,700 per bus.
Those figures, Steinberg told the board, depend on several competitive awards and timing rules. "In order for us to take the $3,400,000 of the EPA grant, we have to have a purchase order in place before November 29," she said, explaining the Nov. 19 voter referendum is scheduled so the district can meet that deadline if voters approve the purchase.
Why it matters: State procurement rules and a zero-emission procurement…
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