File #: 25-0422    Version: 2 Name: Vehicle Reserve Auction Proceeds
Type: Consent Status: Consent
File created: 7/18/2025 In control: Finance
On agenda: 8/6/2025 Final action:
Title: Vehicle Reserve Auction Proceeds
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Vehicle Reserve Auction Proceeds

 

Action

ACTION:

Appropriate auction proceeds held in the Vehicle Reserve Fund in the amount of $623,390

 

 

Staff Contact:      David Boyd, Chief Financial Officer

 

 

Presentation:      No                                             

 

 

BACKGROUND/JUSTIFICATION:

Auction proceeds of $623,390 were received in FY2025 from the sale of surplus vehicles.  This action is needed to appropriate these funds for the FY2026 fleet replacement program.

 

 

PROCUREMENT BACKGROUND:

N/A

 

 

POLICY IMPACT:

N/A

 

 

FISCAL IMPACT:

FY26 appropriation of $623,390 in vehicle auction proceeds