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Gatesville ISD joins TASBY fuel pool for fall semester to limit fuel-price volatility
Summary
Trustees voted to participate in a TASBY fuel pool covering the fall semester (Sept–Dec) that caps prices at $3.15 per gallon for unleaded and $3.85 for diesel; staff said the pool historically reduced fuel cost volatility and should save the district money.
GATESVILLE — The Gatesville ISD board voted to join a TASBY fuel pool for the upcoming fall semester, a short-term purchasing arrangement staff said will cap fuel prices and help protect the district against market volatility.
Staff recommended participating in the pool for Sept. through Dec.; the TASBY cap prices discussed were $3.15 per gallon for unleaded and $3.85 per gallon for diesel. Staff said participation limits upside risk while allowing the district to benefit if prices lock in lower than the caps. "So, right now they're asking who wants to be in the pool. These are the caps," a staff member said, adding that the district’s transportation department viewed the caps as favorable.
Board members noted that the district spent roughly $107,000 on fuel to date and that broader geopolitical volatility can affect pump prices. The board approved joining the fall-semester pool by voice vote; the transcript records the chair calling for a vote and declaring the motion carried but does not record a roll-call tally.
Why this matters: Locking a short-term cap can reduce fuel-cost volatility for transportation operations through the fall semester; the board will revisit fuel-purchase decisions later in the year when TASBY issues spring pricing.
