Business Services Action Item

DATE:	Tuesday, April 3, 2018
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Approve Disposal of Obsolete Stores Inventory (Business Services Division)
EXECUTIVE SUMMARY
In accordance with School Board Policy 7310, the board will approve the disposition of material and equipment that has been determined to be obsolete or is no longer usable.  Disposal will be by sale to the highest bidder, or by proper waste removal.  The Air Conditioning and Refrigeration Department, Maintenance East, and the Transportation Department have identified the attached lists of stock items as obsolete.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  No)
There is no additional cost to the district, however, the stores inventories in the General Ledger will be decreased by $44,856.55.  All proceeds received from the sale or auction of the items will be deposited into the General Fund.
EVALUATION
Each location that carries a stock inventory continuously monitors stock usage reports and adjusts inventory levels as required.  Within Transportation, as buses and/or vehicle models become obsolete and are removed from fleet, obsolete inventory is identified.  Whenever possible, obsolete inventory is returned to the vendor for credit.  Parts that are no longer in original packaging or have limited model year use are not eligible for credit.
SUBMITTED BY:  Jeffrey A. Robison, Accountant II, Property Control

Jeffrey A. Robison		Gretchen Saunders
Accountant II, Property Control (813) 744-8874		Chief Business Officer (813) 272-4270
		C 6.13
Hillsborough County Public Schools (Florida) * Mtg.#20180403_869 (Board Meeting) * Section C Item# 6.13