Yes. According to the handbook (which can be accessed here):
"The School District of Philadelphia is responsible for the transportation of your child to and from school. According to the District’s policy, students who reside more than 1.5 miles from their respective school buildings will receive yellow bus or SEPTA transportation. Students who qualify for SEPTA transportation will receive SEPTA transpasses."
For more information about the transportation services provided by the School District of Philadelphia, go to webgui.phila.k12.pa.us/offices/t/transportation.