TITLE
Title
Approve Removal and Disposal of Tangible Personal Property from Asset Records
end
BACKGROUND INFORMATION
Chapter 274 of the Florida Statutes requires all property control assets be approved by the school board prior to being removed from the official property control records and disposed of or sold at auction. The items on the attached list are beyond repair or obsolete and therefore have been submitted to be removed from inventory.
Items in disrepair or broken are disposed. Equipment in fair condition, or deemed of value, will be held and sold at auction annually. In an effort to maintain the highest level of security for staff and students we submit our computer equipment to a R2Certified company for the drives to be removed and shredded with the remaining components being recycled. As such computer equipment is not part of the auction.
Amounts listed below represent original purchase price by coding class.
Items with under $5,000 Original Purchase Price
0641 - Furniture Fixtures & Equip $17,664.68
0691- Software $ 2,100.00
Total under $5,000 $19,764.68 /Book Value $37.50
Items with over $5,000 Original Purchase Price
0641 - Furniture Fixtures & Equip $93,785.88
0691- Software $22,930.00
Total over $5,000 $116,715.88 / Book Value $0.00
Original Value of ALL Items to be Removed: $136,480.56
Total Remaining Book Value of ALL items to be Written Off: $37.50
Contract Originator: Suanne Lee, Director of Internal Services
Board Meeting Date: February 26, 2018
RECOMMENDATION
Recommendation
Approve Removal and Disposal of Tangible Personal Property from Asset Records