January 15, 2004
A key factor exerting upward pressure on public sector fleet operating costs is the long-standing trend to operate vehicles for ever-longer service lives. All around the country, public sector fleets are being forced by budgetary constraints to defer or reduce capital expenditures to acquire replacement vehicles. This is especially the case for fleets that depend on appropriations from their agencies' general funds rather than fleet replacement funds. As a result, these fleets are running vehicl