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Declaration of Various Tangible Property as Surplus for Disposal and Removal From Fixed Asset Inventory
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BRIEF OVERVIEW
Fleet Management has prepared a listing of tangible property subject to disposal. Fleet Management did not receive any requests for transfer or donation. Public auction will follow upon approval from the Board.
In accordance with Florida Statute 274.07, which states, “Authority for the disposal of property shall be recorded in the minutes of the governmental unit.” Attached is a listing of County property that has been requested to be removed from inventory and the reason for disposal is listed next to each item
FINANCIAL IMPACT
The sale of surplus vehicles is an essential revenue stream for the Fleet Replacement Fund (5081). The budgeted revenue for the sale of surplus is $100,000 (3641064).
LEGAL NOTE
The Board has the authority to take the recommended action pursuant to Chapters 125 and 274, Florida Statutes, Hernando County Board of County Commissioners Disposal of Tangible Personal Property Policy No. 18-01 and Fleet Management Manual Procedure No. 400.
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RECOMMENDATION
It is recommended the Board approve of the items from the attached list to be declared as surplus, auctioned and removed from the County’s fixed asset inventory.