You need to find the axle make/model for us to help you. Saying it's a bluebird w/ cummins and at545 doesn't tell us anything. You likely have an n175 or n190, but only you can look on the axle's data tag to see what you really have.
Regardless of the axle, something isn't adding up with what you say.
A 4.88 rear ratio with 11r22.5(42" tall) tires, 1:1 at545, and 3k rpm should get you around 75 mph. If you're only at 60 with that, something is wrong. Either your numbers are or your trans/torque converter is slipping.
Verify your numbers and run the data again. A 6bt had a governed speed of 2600 rpms, so unless your pump has been modified, you're likely not running at 3k rpm. I'd also be surprised if you had a 4.88 axle, as most buses came with one that is in the 5.xx range. There were some outliers out there that were built to run interstate speeds, but the majority of buses weren't, as they were on route duty picking up/dropping kids off, and didn't need to hit interstate speeds.
For instance, 2600 rpm, with a 5.63 ratio, 42" tall tires, and a 1:1 at545 would get you around 58mph, which is something that I've seen a lot more often. Even a 5.38 axle ratio would make sense as it would put you at 60mph with those tires/trans/rpms.
If your numbers are correct, you have a lot of slip in the trans or torque converter. And that needs to be addressed before you look at the rear axle. Changing the gear ratio in the rear axle isn't going to help anything with that. In fact, it will likely make it slip worse.
See what model axle you have, verify the ratio, and then come back and we can go from there.