The School Board of Broward County, Florida Created : December 30, 2013 at 01:11 PM	Meeting: Regular School Board Meeting :  E. Office of Deputy Superintendent, Operations
6. Surplus of Tangible Equipment (OPEN AGENDA) (D)   March 15, 2005 Status: Pending Open Agenda
Quick Summary / Abstract Approve the surplus tangible equipment on the attached salvage list. The items on the attached salvage list have been determined obsolete, or otherwise no longer usable.  A committee appointed by the Superintendent has evaluated the items listed and recommends the surplus of these items.  Upon Board approval, the items shall be disposed of in a public auction.  The procedure is in compliance with Florida Statutes 274.05, 274.06 and is consistent with School Board Policy 3202 - Disposal of Surplus and/or Obsolete Property. The Net Book Value of the items to be disposed is $1,160,950.86.  Net Book Value is an accounting term used to describe the original cost of an asset, less accumulated depreciation, depletion or amortization.  The proceeds of all items disposed of through a public auction will be credited to the Capital Improvement Fund.    Requested Action Approve the surplus tangible equipment on the attached salvage list. Summary The items on the attached salvage list have been determined obsolete, or otherwise no longer usable.  A committee appointed by the Superintendent has evaluated the items listed and recommends the surplus of these items.  Upon Board approval, the items shall be disposed of in a public auction.  The procedure is in compliance with Florida Statutes 274.05, 274.06 and is consistent with School Board Policy 3202 - Disposal of Surplus and/or Obsolete Property School Board Goals Goal 3 - All operations of the school system will demonstrate best practices while supporting student achievement. Financial Impact The Net Book Value of the items to be disposed is $1,160,950.86.  Net Book Value is an accounting term used to describe the original cost of an asset, less accumulated depreciation, depletion or amortization.  The proceeds of all items disposed of through a public auction will be credited to the Capital Improvement Fund. Source of Additional Information Donnie Carter 754 321-2610 Associated File Attachments ExecutiveSummarySurplus (Files)   SalvageList (Files)   ExecutedARF (Files)