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Tuesday, March 28, 2006 11:08 p.m. EST

New Orleans to Sell Flooded Buses on EBay

Starved for cash, the New Orleans school district is taking a long shot and hoping to sell its flooded, unsalvageable school buses on eBay.

Some submerged to their roofs in the black flood waters, the yellow school buses were widely photographed in the days after Hurricane Katrina and have become an icon of the city's devastated school system.

School officials acknowledge the sale of the buses on the Internet auction site may puzzle some people used to more traditional school fundraisers like bake sales.

"There's no shame in it. Not one bit," said school board president Phyllis Landrieu. "This is a new mechanism for selling things. I think it's very upbeat what we're doing."

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  Only 23 of 117 Orleans Parish public schools have reopened. They face a $111 million shortfall _ about a quarter of the district's $430 million annual operating budget. The district also has $264 million in outstanding debt, carried over from before Hurricane Katrina.

A total of 85 schools flooded, and wind damaged many more. It took three months for the first public school to reopen. Now, the schools that are holding classes have around 9,500 students, about 15 percent of the 60,000 enrolled before the storm.

The school district plans to put one bus up for sale on eBay this week. If it succeeds, more of the 259 ruined buses will be offered.

"It's an example of how bad the situation is that we would have to come up with this idea," said Richard White, schools spokesman.

The district plans to contract out its student transportation.

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