CPI for 2024-25 Transportation Contract Extensions

The U.S. Bureau of Labor Statistics has posted the May 2024 consumer price index change for the New York, N.Y. – Northern N.J. area, based upon the index for all urban consumers (CPI-U).  This percentage change in the CPI (3.9%) is the maximum to be used for the extension of student transportation contracts for the 2024-25 school year. For additional information, please visit SED’s website.