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The average cost per school of buying back dollars from businesses averages $5 per enrolled <br />student (enrolled in the school, not Trip Tracker). The table below shows the projected cost of <br />buying back dollars for each of the six Louisville schools. <br /> <br /> <br /> <br />School Enrollment (2012‐13) Cost at $5/enrolled student  <br />Monarch K‐8 844 $4220  <br />Louisville Elem. 572 $2860  <br />Coal Creek Elem. 453 $2265  <br />Fireside Elem. 470 $2350  <br />Louisville Middle  632 $3160  <br />Total Cost of Buyback  $14855  <br /> <br />I am asking that the Louisville City Council consider funding half of the cost. At this point I am <br />certain that Trip Tracker will be in Monarch K-8 and in Louisville Elementary per their requests. <br />I haven’t pursued the other schools in Louisville as I don’t want to risk taking on all of them <br />without funding. <br /> <br />If City Council is willing to fund half the cost for all the schools next year, I am willing to recruit <br />them in to the program and the funding could be based on which schools agree to participate. On <br />the other hand if you would prefer to agree to fund only the two currently committed schools <br />(Monarch K-8 and Louisville Elem.), I will not recruit other schools for next year. At 50%, the <br />cost for all schools would be $7, 427. To fund Louisville Elem and Monarch K-8 would be <br />$3540. I will be responsible for raising the other 50% from schools, parents, foundations etc. <br />I think that your contribution to the program will yield hundreds of happy students and families, <br />happy locally-owned businesses (that I will recruit in to the program), more walkers and bikers, <br />fuller school buses and less traffic on the streets and in school zones…not a bad deal if you think <br />about it. <br /> <br />I would be happy to come speak to you about this proposal at your convenience. <br /> <br /> <br /> <br />13