No public hearing is scheduled. The three-year averages have been used to estimate the increased expenditures due to the proposed amendment. It is assumed the increased cost of school buses will affect the cost of pupil transportation of school districts either by the direct purchase of a school bus or by the increased cost to contractors for vehicles being passed on to the school district. It is estimated that approximately 800 school buses are being purchased in a given fiscal year throughout Missouri. It is estimated that one-third of the buses purchased in FY2002 will be affected by the proposed amendment.
Prices are the projected cost supplied by a major school bus distributor.