Title
APPROVAL OF CLASSIFICATION OF INOPERABLE EQUIPMENT AND FURNITURE AS PROPERTY TO BE DELETED
Description
Pursuant to School board Policy 7.75 - Obsolete, uneconomical or inefficient surplus property which serves no useful purpose may be disposed of in accordance with state law and regulations. Prior to disposal, reasonable attempts should be made to salvage all or part of any item of property for school use. When it is no longer practical that property be retained, the property shall be offered for sale by auction to the public at large or otherwise disposed of pursuant to Florida law including donation to other governmental bodies or private nonprofit agencies. Disposal of surplus property purchased with Federal funds shall be undertaken in accordance with Federal procedures. Any remaining surplus property may be declared unusable and disposed of in a reasonable, environmentally sound manner.
Gap Analysis
General Accepted Accounting Principles require that obsolete or unusable equipment be removed from records.
Previous Outcomes
This information is presented on a monthly basis.
Expected Outcomes
The board approves the disposal of inoperable equipment and furniture as property to be deleted.
Strategic Plan Goal
Pillar 4 - Every School Equipped
Priority 1 - Maintain Sustainable Financial Practices
Recommendation
That the classification of equipment and furniture, as property to be deleted, in an amount of $140.35 be approved as presented.
Contact Information
TRACY BRIZENDINE tracy.brizendine@sarasotacountyschools.net
BONNIE PENNER bonnie.penner@sarasotacountyschools.net
Financial Impact
$140.35
No outlay of funds