"I think that number is too high. That would mean that 100,000 people could be evacuated in one trip. The estimates I've seen was that there were 200-400 buses that were drowned."
I agree, that number does sound high. I'd guess from the photos I've seen that there were at least 400 school and city buses that could have been used. If you pack them up they could probably fit 80 each which would be about 32000 people - easily more than enough to take care of everyone at the Superdome.
The city would only be out the cost of fuel and might have been able to rely on volunteer drivers recruited by the mayor through public announcement on TV and radio.