District news
Five-Year Financial Forecast Draft Raises Transportation Cost Growth Assumption from 3% to 6%
What happened
During the July 27, 2026 board meeting, officials disclosed that the district's five-year financial forecast draft revised its annual transportation cost growth assumption from under 3% to 6%, based on actual cost trends over the past six years, including higher bus prices, parts costs, and driver wages.
Why it matters to families
A doubling of the assumed annual growth rate for transportation costs signals a material worsening of the district's long-term budget outlook, which affects levy planning, service levels (including the transportation cuts described in the same meeting), and overall fiscal sustainability.
The evidence
A board member stated the five-year forecast 'typically...had built in under 3% for the growth in that factor, and now it's been brought up to 6%,' based on 'what is actually happened for the last six years,' and noted the district went out to bid hoping for efficiencies but 'it went the other direction.'
The source
Lakota Board of Education Regular Meeting: July 27, 2026See the full record for Lakota Local School District.
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