School district property, such as equipment, furnishings, or supplies (hereafter equipment), will be disposed of when it is determined to be of no further use to the school district.  It shall be the objective of the school district in disposing of the equipment to achieve the best available price or most economical disposal.

Equipment having a value of less than $25,000 will be disposed of in a manner determined by the superintendent or designee.  The disposal of equipment in this manner will be published in a newspaper having general circulation in the school district.

A public hearing will be held regarding the disposal of equipment with a value of $25,000 or more prior to the board’s final decision.  The board will adopt a resolution announcing the proposed disposal and will publish notice of the time and place of the public hearing. A description of the property will be in the resolution.  Notice of the public hearing will be published at least once, but not less than ten (10) days and not more than twenty (20) days prior to the hearing date.  Upon completion of the public hearing, the board may make a final determination on the proposal contained in the resolution.

Proceeds from the sale or disposition of equipment will be deposited into the fund which was used to account for the acquisition of the equipment.  If the school district is unable to determine which fund was used to account for the acquisition of the equipment or if the fund no longer exists in the school district, the proceeds from the sale or disposition of equipment will be placed in the general fund.

Approved:  7-1-92            
Reviewed:  12-11-95, 11-13-00, 10-14-03, 4-9-07, 1-19-10, 6-11-14
Revised:  7-11-22                                                      

Decisions regarding the lease, sale, or disposal of school district real property shall be made by the board. In making its decision the board will consider the needs of the education program and the efficient use of public funds.

Prior to the board’s final decision regarding real property, a public hearing will be held.  The board will adopt a resolution announcing the proposed sale which will contain notice of the time and place of the public hearing and the description of the property or locally known address.  Notice of the time and place of the public hearing will be published at least once, but not less than ten (10) days and not more than twenty (20) days, prior to the hearing date.  Upon completion of the public hearing, the board may dispose of the property.

If the real property contains less than two acres, is located outside of a city, is not adjacent to a city, and was previously used as a schoolhouse site, the property may revert to the owner of the tract from whom the property was taken following the procedures set forth in Iowa law.

In the case of the demolition of a school district facility or structure,  the board will  follow all applicable laws regarding competitive bidding for the demolition project.

The superintendent shall be responsible for coordinating the action necessary for the board to accomplish the lease, sale or disposal of school district real property, including student-constructed buildings.  It shall also be the responsibility of the superintendent to make a recommendation to the board regarding the use of school district real property not being utilized for the education program.

Proceeds from the disposition of real property will be deposited into the fund which was used to account for the acquisition of the property. If the District is unable to determine which fund was used to account for the acquisition of the property or if the fund no longer exists in the District, the proceeds from the sale or disposal of real property will be placed in the physical plant and equipment levy fund.  Proceeds from the lease of real property will be placed in the general fund.

Approved:  7-1-92                 
Reviewed:  12-11-95, 11-13-00, 10-14-03, 04-09-07, 01-19-10, 6-11-14
Revised:  7-11-22