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Littleton Public Schools Policy |
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Policy Code DN Policy Name School Properties Disposal Procedure Adoption July 2, 1984 Revised November 8, 2007 |
It shall be the policy of the District to dispose of surplus, obsolete, outdated, or unusable property and materials on the basis of the following:
Land and buildings shall be sold only upon the approval of the Board of Education. Equipment with an estimated unit cash value of more than $10,000 may be sold or disposed of only upon the approval of the Board of Education.
In all other instances, school property may be sold or disposed of upon the approval of the director or appropriate assistant superintendent and the purchasing and warehousing specialist.
Revenues derived from the sale of property shall be accounted for according to the Colorado Revised Statutes or generally accepted accounting principles.
Equipment being “replaced” must be turned over to the Purchasing Department upon receipt of the new item. Disposal will be made in accordance with these policies.
Legal Reference: C.R.S. 22-45-112