FY 26 Proposed Capital Budget Book

Fleet Replacement

BOARD OF EDUCATION Project Number:

Expended/Encumbered as of 2/4/25: $6,563,659

B214108 Multiple Various

Council District:

Location:

Project Schedule/Status:

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project provides funds for replacement of special education buses and essential vehicles and equipment at the end of life and will purchase new vehicles & equipment as required. Special education buses are required to meet the needs of growing numbers of students, programs & schools. These buses must comply with Federal regulations and meet IEP requirements for special education transportation. The MSDE requires that school systems replace buses after 12 years of use.

No buses are due for replacement in FY26.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2026 Approp Total

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

Engineering/Design Land Acquisition

0 0 0 0

0 0 0 0

Construction

Inspection Fees

Equipment/Furnishing

15,210,159 15,210,159

15,210,159

15,210,159

Total Cost:

0 15,210,159

0

0

0

0

0 15,210,159

FUNDING SCHEDULE

R8750 Paygo R7100 Prior Bonds R6999 Other BOE

8,094,000

8,094,000

8,094,000

16,159

16,159

16,159

7,100,000

7,100,000

7,100,000

0 0

0 0

Total Cost:

15,210,159

0 15,210,159

0

0

0

0

0 15,210,159

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2026

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL 2,435

464

441

417

394

371

348

149