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Ascension Parish committee weighs leasing vs. buying 63 school buses amid rising fuel and repair costs
Summary
Transportation staff told the committee the current fuel budget is $1,740,000 and outlined two options for 63 leased buses: continue leases (presenter summarized a $21.7M operating profile) or buy the 63 buses (presenter cited a $4.1M buyout and a $24.15M operating profile). Members asked staff to model buying a larger batch of new buses and return with financial detail.
Presenter told the Ascension Parish committee that the transportation program is managing an aging fleet and tight operating margins as leases come up for renewal. "So the total budget was $1,740,000 for our fuel," the Presenter said, then walked members through spare-vehicle counts, routes and projections for the 2026–27 budget.
Why it matters: committee members were presented with two distinct procurement options for 63 leased buses that will soon come off lease. Presenter summarized Option 1 as continuing leases with an incremental operating increase that the presenter characterized in the briefing materials as producing a roughly $21.7 million operating profile in the 2026–27 plan. For Option 2,…
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