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File #: 18-4904    Version: 1 Name: Fleet Auction Revenue
Type: Consent Status: Consent
File created: 8/29/2018 In control: Asset/Facility Management
On agenda: 9/18/2018 Final action:
Title: : Fleet Auction Revenue
Attachments: 1. 18-4904 Fleet Auction Revenue.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title:

Fleet Auction Revenue

 

Summary

ACTION:

Recognize, receive and appropriate vehicle auction revenue from auction held on April 7, 2018 in the amount of $35,991.03 to the Fleet Reserve Fund

 

Staff Contact:                      Mark Bevilacqua, Fiscal Administrator

                                                                 Asset and Facility Management

 

Presentation:                     No                     

 

 

BACKGROUND/JUSTIFICATION:

Net proceeds of $35,991.03 were realized from the vehicle auction this Spring. This funding will be appropriated to the Fleet Reserve Fund for replacement vehicles.

 

PROCUREMENT BACKGROUND:                     

N/A

 

 

POLICY IMPACT:                     

N/A

 

 

FISCAL IMPACT:

FY19 increase in revenues and associated expenses of $35,991.03 in the Fleet Reserve Fund; no impact on County funding