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SEARCHMENUSEARCHThe Oregon Department of Energy (ODOE) will provide up to $6 million in state tax credits for fleets that replace at least two existing fleet vehicles with new or converted vehicles powered by alternative fuels.
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The City of San Diego has begun using a $16-million reserve fund to immediately replace aging fleet vehicles that have been deemed 'critical,' and will consider leasing, financing, and other funding options to close its replacement backlog.
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The City of Killeen is creating a fleet replacement fund. The city will provide $7.5 million to establish the program as well as $3.5 million for the year's fleet purchases.
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Government fleets spurred by historically low interest rates have been turning to a wider range of leasing and financing instruments to replace aging vehicles.
Read More →The City of Montgomery, Ala., Fire/Rescue Department expects to save more than $2 million by refurbishing two ladder trucks and three pumper trucks.
Read More →The City of Longmont, Colo., will borrow $470,000 from the City’s Fleet Fund to pay for the Longmont Museum’s auditorium expansion, the Longmont Times-Call reported. The loan will be paid back with interest by January 2018.
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