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