Business Services Action Item

DATE:	Tuesday, December 10, 2019
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 Logistics Warehouse, Custodial Operations 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 $87,526.52.  All proceeds received from the 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.  Transportation has been replacing all the 2002 and older buses and as a result, they have removed stocked inventory parts for buses we no longer have.  Whenever possible, obsolete parts are returned to the original vendor for full credit.  The parts they have identified for disposal are not eligible for credit. The Logistics Warehouse continues to work with the appropriate District staff on forms and remove stock as these forms become available on-line, or go through changes that can make the current version of a form obsolete.
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
		B 6.11
Hillsborough County Public Schools (Florida) * Mtg.#20191210_935 (Board Meeting) * Section B Item# 6.11