BUSINESS PROCEDURES
Series 800
Policy Title: Disposition of Obsolete Equipment Code No. 803.1
School property, such as equipment, furnishings, or supplies (hereinafter equipment), will be disposed of when it is determined to be of no further use to the School District. It is the objective of the School District in disposing of the equipment to achieve the best available price or most economical disposal.
Obsolete equipment having a value of less than $5,000 will be sold or disposed of in a manner determined by the Board. Obsolete equipment that is valued greater than $250 but less than $4,999 shall be sold if possible. The sale of equipment, furnishings, or supplies disposed of in this manner shall be published in a newspaper of general circulation. the publication of the sale shall be published with at least one insertion each week for two consecutive weeks. If the value of the item in question is less than $250, the administration has the authority to dispose if it's in a manner that is most efficient. Should the item be such that it shall be given away, employees should have the same opportunity as the general public to acquire the item but shall not have any advantage due to their status as an employee. However, the sale of equipment, furnishings, or supplies disposed of in this manner will be published in a newspaper of general circulation. The publication of the sale or disposition will be published with at least one insertion each week for two consecutive weeks. Any other disposition may be done in any other manner so with only one insertion in same newspaper.
A public hearing will be held regarding the disposal of the equipment with a value of $5,000 or more prior to the Board’s final decision. The Board will adopt a resolution announcing the proposed sale and will publish notice of the time and place of the public hearing and the description of the property will be in the resolution. Notice of the public hearing will be published at least once, but not less than 10 days and not more than 20 days, prior to the hearing date. Upon completion of the public hearing, the Board may dispose of the equipment.
It is the responsibility of the Superintendent to make a recommendation to the Board regarding the method for disposing of equipment of no further use to the School District.
Approved: October 14, 2003
Reviewed: April 12, 2016
Revised: April 12, 2016
Legal Reference: Iowa Code §§ 297.22-.25 (2013)
Cross Reference: 704 Revenue; 705.1 Purchasing - Bidding; 803 Selling and Leasing