Decatur County Community Schools
Administrative Guidelines
 

7310 - DISPOSAL OF CORPORATION PROPERTY

 

A.

The Superintendent shall have the authority to approve the disposal of property (materials, equipment, furnishings, et al) having a market value of $500 or less.

     
 

B.

All proceedings involving the disposal of property with a market value of more than $500 shall be approved by the Board.

     
 

C.

The person in charge of each facility or program shall be responsible for the identification of property which is no longer needed for the proper operation of the Corporation. Each is to develop a plan for the proper disposal of such obsolete property.

     
 

D.

A record is to be maintained of all property disposed of under the provisions of this administrative guideline, including the fair market value of the property. A summary of such transactions shall be made available to the Board on a quarterly basis.

© Neola 2011