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June 28, 2022 School Board Meeting |
Title Property Disposal |
Meeting Date(s)
Consent w/o Information - 06/28/2022 |
Consent Type Without Information |
Discussion
The attached list represents the following:
- Surplus - represents items returned by the Principal or Department Head to the Surplus Department for disposition.
- Traded In - represents items delivered to a vendor in exchange for credit toward purchase of a new or replacement item.
- Stolen or Vandalized - represents items for which an incident was reported by a school or department and a police report or incident report was obtained in Accounting Services as proof of removal.
- Renovation, Replacement or Disaster Cleanup - represents items appropriately removed by district maintenance or a contracted vendor at a work site. If removed by a vendor an invoice is required; if removed by maintenance written details of removal are required.
- Aged or Obsolete Items - represents items that are either broken, nonfunctional or provide no economic benefit or usefulness to the district.
- Missing/Un-Locatable Items - represents items that could not be located within a reasonable period of time during the school/department annual physical inventory.
Justification Forms and Attest Letters from the individual sites are attached for any property item that 1) Is less than 5 years old at the time of disposition, or 2) Has an original cost of $5,000 or more, or 3) Has not yet met its life cycle.
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Recommendation
Authorize the retirement and removal of assets on the attached list, as prescribed by District procedures, Board Policy, and Florida Statutes.
Type of Property
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Acquisition Cost
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Book Value
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1. Surplus
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$162,051.14
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$1,067.00
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2. Traded In
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$0.00
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$0.00
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3. Stolen or Vandalized
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$0.00
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$0.00
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4. Renovation, Replacement, or Disaster Cleanup
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$0.00
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$0.00
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5. Aged or Obsolete Items
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$0.00
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$0.00
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6. Missing/Un-Locatable Items
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$24,266.13
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$0.00
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TOTAL
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$186,317.27
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$1,067.00
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Authority for Action Board policy #7310, Florida Statutes 274.05 and 274.06 |
Involves Expenditure of Funds Directly in the Classroom No |
Source of Funding
Agenda Item will not Require the Expenditure of Funds |
Financial Impact
FY |
Amount |
Budgeted |
Fund |
Cost Center |
Project |
Function |
Object |
Program |
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Legal Counsel Review
No
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Contact Susan Denyer, Director of Accounting Services, ext. 11660
Cindy Lesinski, Chief Financial Officer, ext. 11600
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Attachments
Board Report Letters 06-28-2022.pdf
Board Report 06-28-2022.pdf
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