Current through all regulations passed and filed through September 16, 2024
Personal property acquired in whole or in part with federal
funds is disposed of in compliance with 2 C.F.R. part 200, 7
C.F.R. part 277, 29 C.F.R. part 97, and 45 C.F.R. part 75 and section
307.12 of the Revised Code in
accordance with state and local requirements. The most restrictive regulations
shall apply.
(A) Unused supplies
exceeding five thousand dollars in total aggregate value and/or equipment with
a current per unit fair market value in excess of five thousand dollars no
longer used for any federal award, may be used on other activities or sold. In
either case, the federal government is compensated.
(1) The current market value or proceeds from
the sale is multiplied by the non-federal entity's percentage of participation
in the cost of the original purchase, equals the amount compensated to the
federal government.
(2) If
equipment or supplies are sold, the non-federal entity may deduct and retain
from the federal share five hundred dollars or ten per cent of the proceeds,
whichever is less, for its selling and handling expenses.
(B) Unused supplies with a total aggregate
value of five thousand dollars or less, or items of equipment with a current
per unit fair market value of five thousand dollars or less, may be retained,
sold or otherwise disposed of with no further obligation to the federal
awarding agency.
(C) For the
purpose of this rule, the following definitions apply:
(1) "Personal property" means anything other
than real property and includes supplies,
materials, computing devices and equipment.
(2) "Equipment" means tangible personal
property having a useful life of more than one year and a per-unit acquisition
cost which equals or exceeds the lesser of the capitalization level established
by the non-federal entity for financial statement purposes, or five thousand
dollars.
(D) The county
agency notifies the board of county commissioners for
disposal of personal property when one of the following apply:
(1) The loss of the personal property was
claimed for federal financial participation (FFP);
(2) The personal property is not needed by
the county agency for public use; or
(3) The personal property is obsolete or
unfit for the use for which the county agency acquired it.
(E) Once the board of county commissioners is
notified by the county agency, it is the board's responsibility to dispose of
the personal property.
(F)
When the board of county
commissioners finds, by resolution, that the county has personal property 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 as
described in section 307.12 of the Revised
Code:
(1) Personal property that has
been determined to have no value may be discarded or salvaged;
(2) Personal property with a fair market
value under two thousand five hundred dollars, as determined by the board, may
be sold by private sale or internet auction, without advertisement or public
notification;
(3) Personal property
with a fair market value over two thousand five hundred dollars, as determined
by the board, may be sold at public or internet 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.
(5) If the value of the personal property is
five thousand dollars or less, the board may lease the personal property to any
municipal corporation, township, political subdivision of the state, or a
county land reutilization corporation.
