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[DN: Equipment and Supplies Sales]

No equipment or supplies with a value of $5,000 or less shall be disposed of until permission has been received from the Superintendent of School or his/her designee. The Superintendent shall determine whether the material involved has salable value, and if such shall be the case, it shall authorize the sale of the material. If the material does not have salable value, the proper disposal of the books, equipment, and/or supplies shall be determined by the Superintendent in conjunction with the Chief Financial Officer.  Items with a value greater than $5,000 require board approval for disposal.

SCHOOL PROPERTIES DISPOSAL PROCEDURE

The Board authorizes disposition of obsolete items according to the following priority actions:

1.      By selling to the highest bidder or whatever other business arrangement is in the best interest of the School District.

2.      When practicable, the Board shall donate such items to charitable organizations and schools.

3.      By public auction.

4.      By giving such items to local citizens.

5.      By removal to the city transfer station.

Fixed asset inventories will be amended to reflect changes in values through disposal.

Legal Reference:

CFR 34, Sec. 80.32

History:

Revised From: 4/10/00, 11/9/2015, 01/11/2016

First Reading Policy Committee: March 22, 2023

Second Reading and BOSC Adoption: March 27, 2023