NEW ORLEANS – The New Orleans school district is hoping to sell its flooded, unsalvageable school buses on eBay, according to the Associated Press.

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, reported the Associated Press.

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, reported the Associated Press.

The district plans to contract out its student transportation.