Report No: Meeting Date:
14-047 February 26, 2014
Alameda-Contra Costa Transit District
STAFF REPORT TO:
Finance and Audit Committee AC Transit Board of Directors
FROM:
David J. Armijo, General Manager
SUBJECT:
Fiscal year 2013- 14 Second Quarter Surplus and Obsolete Materials Report
BRIEFING ITEM RECOMMENDED ACTION(S):
Consider Receiving the FY 2013 -14 Second Quarter Surplus and Obsolete Materials Report. EXECUTIVE SUMMARY:
During the Second Quarter of Fiscal Year 2013 - 2014 the District sold at auction; seven {7) nonrevenue vehicles for a net return of five thousand two hundred twenty eight dollars, and twenty five cents {$5,228.25). BUDGETARY/FISCAL IMPACT:
The net return in the amount of $5,228.25 for'the sale of obsolete vehicles and equipment listed on Staff Report 13-097 applied to the District' s General Fund.
BACKGROUND/RATIONALE:
The non-revenue vehicles and equipment listed on Staff Report 13-097 have served their useful life, have been fully depreciated, and have a zero (0) net book value. These vehicles were approved for disposal by the Board of Directors, and were disposed of by means that are most advantageous to the District. The non-revenue vehicle numbers for the above sale are as follows : 1.0. Number
Year
Description
Mileage
99924
1999
Truck : GMC UTILITY 3500, CAB
121,395
99956
1999
CAR: FORD, CROWN VIC.
200,123
90013
2001
VAN : GMC SAFARI
114,121
90069
2000
CAR: FORD, CROWN VIC.
160,783
99135
1991
VAN : GMC
130,678
239
Report No. 14-047 Page 2 of 2 99322
1993
TRUCK: FORD,3/4 TON PU
181,822
99520
1995
TRUCK: GMC SONOMA MINI PU
180,124
ADVANTAGES/DISADVANTAGES: The Board of Directors has requested a quarterly report on obsolete and surplus sales.
ALTERNATIVE ANALYSIS: This report is provided for information only.
PRIOR RELEVANT BOARD ACTIONS/POLICIES: Report 13-097: Disposal of retired buses and other equipment through sale, or by means most advantageous to the District. Board Policy 356: Disposition of surplus equipment, supplies, and other tangible personal property of the District. Board Policy 394: Write- Off Policy
ATTACHMENTS: None.
Department Head Approval:
Ed Barrow, Materials Superintendent
Reviewed by:
Thomas Prescott, Chief Performance Officer Lewis G. Clinton, Chief Financial Officer Fred Walls, Inventory Control
Prepared by:
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