TITLE
title
Declaration of Various Tangible Property as Surplus for Disposal and Removal From Fixed Asset Inventory
body
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, “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 revenue is budgeted in Fund: 5081 - Fleet Replacement, Account: 3641064 - Sale of Surplus Equipment for $146,035.00. The year-to-date receipts have been $105,355.71, or 72.14% of the budgeted total, leaving an available balance of $40,679.29 (budget variance) to align with the budget.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Section 274.05 and Chapter 125, Florida Statutes.
recommendation
RECOMMENDATION
It is recommended the Board approve the items from the attached list to be declared as surplus, auctioned, and removed from the County’s fixed asset inventory.