Even as gas prices have come down in recent days, some districts are looking at ways to hedge the volatility, especially as budget planning for the next school year is underway. One strategy is to join the largest fixed-rate fuel program in Texas administered by TASB Energy Cooperative.
TASB Energy Cooperative posted this article on dealing with rising fuel expenses:
With all the volatility in gas prices in recent weeks, school districts and counties are working hard to keep their vehicles on the road without blowing their fuel budgets.
In one coastal school district, officials recently told their local news station that they were paying $1 more per gallon of diesel than they were at the beginning of the year, or about $2,000 more per week.
“We're trying to fit as many people on the bus as we can and travel in the shortest amount of distance between, just to maximize our fuel and our seating capacity,” the transportation director told the news station.
Even as gas prices have come down in recent days, some districts are looking at ways to hedge the volatility, especially as budget planning for the next school year is underway. One strategy is to join the largest fixed-rate fuel program in Texas administered by TASB Energy Cooperative.
“We’re definitely seeing more phone calls about our annual spring fuel pool,” said Adrian Porras, a sales consultant for TASB. “We’ve already had five or six new members, who have never participated in previous pools, sign letters of commitment.”
