5101:9-4-15 Disposal of assets.

Assets acquired in whole or in part with federal funds must be disposed of in compliance with the office of management and budget (OMB) circular A-87 attachment B, and the code of federal regulations 2 (C.F.R.) part 225, 7 C.F.R. part 277, 29 C.F.R. part 97, and 45 C.F.R. part 92 and part 95 in accordance with state and local requirements. The most restrictive regulations shall apply.

(A) The county agency must notify the board of county commissioners for disposal of an asset when one of the following apply:

(1) The loss of the asset was claimed for federal financial participation (FFP);

(2) The asset is not needed by the county agency for public use; or

(3) The asset is obsolete or unfit for the use for which the county agency acquired it.

(B) Once the board of county commissioners is notified by the county agency, it is the board’s responsibility to dispose of the asset.

(C) In accordance with section 307.12 of the Revised Code, when the board of county commissioners finds, by resolution, that the county has an asset that is not needed for public use or is obsolete or unfit for the use for which it was acquired, disposal options include the following:

(1) An asset that has been determined to have no value may be discarded or salvaged;

(2) An asset with a fair market value under two thousand five hundred dollars, as determined by the board, may be sold by private sale, without advertisement or public notification;

(3) An asset with a fair market value over two thousand five hundred dollars, as determined by the board, may be sold at public auction or by sealed bid to the highest bidder; and

(4) A vehicle valued at or less than four thousand five hundred dollars may be donated to a nonprofit organization exempt from federal income taxation for the purpose of meeting transportation needs of Ohio works first and/or prevention, retention, and contingency program participants.

(D) When the county agency notifies the board that an asset is not of immediate need, the board may lease the asset to any municipal corporation, township, or other political subdivision of the state.

Replaces: 5101-5-15

Effective: 02/18/2007

Promulgated Under: 111.15

Statutory Authority: 5101.02, 307.12

Rule Amplifies: 5101.02, 307.12

Prior Effective Dates: 2/1/98, 9/15/98