Table of Contents
Surplus Property Disposal & Inventory Management
Agenda
Agenda
Purpose of Today’s Session
Background
Background: Why did this happen?
EMPOWER KentuckyBackground for Surplus Property Changes
EMPOWER KentuckyWhat is MARS?
Statutory RequirementsKRS 45A.045
Statutory RequirementsKRS 45A.045-Delegated
Statutory RequirementsKRS 45A.045-Non-Delegated
Delegated Authority OptionWhat’s Different?
Statutory Requirements What Stays the Same?
Statutory Requirements When is this effective?
Delegation of Authority Who can request authority?
Delegation of Authority Who can operate under authority?
Delegation of Authority How to request authority
Delegation of Authority What to include in the request
Delegation of Authority What to include in the request
Delegated Authority OptionSurplus Property Disposal
Delegated Authority OptionOffices located in or within 5 miles of Franklin County
Delegated Authority OptionAll other offices
Delegated Authority Option:Advantages
Delegated Authority Option:Advantages
Delegated Authority Option:Responsibilities
Delegated Authority Option:Responsibilities
Delegated Authority Option:Responsibilities
Inventory Management
Inventory ManagementStatutory Changes - KRS 45.313
Statutory Changes: KRS 45.313 What’s Different?
Inventory ManagementResponsibilities
Inventory ManagementResponsibilities
Inventory ManagementFixed Asset (STARS) Reportable
Inventory ManagementWhat’s required?
Inventory ManagementBest Business Practices
Goals for Asset/Inventory and Receiving
Improvement Goals for Fixed Assets
What’s Happening Next with MARS Asset/Inventory?
Inventory ManagementInventory Clean Up
Resources
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