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Committee recommends five‑year lease purchase to refresh staff laptops, up to $423,719.85
Summary
The finance committee voted to forward a recommendation to lease‑purchase staff laptops through a five‑year agreement not to exceed $423,719.85, with an annual payment schedule and capitalization to appropriate accounts.
The Germantown School District finance committee voted to recommend that the full board approve a five‑year lease‑purchase to refresh the majority of staff laptops and one student device at Germantown High School, with a not‑to‑exceed amount of $423,719.85.
Staff said the existing staff laptops are about five years old and require a routine refresh. The recommended procurement uses SHI as the vendor and a five‑year lease finance arrangement with First American; staff provided an annual payment amount and indicated the charges will be assigned to capitalization and lease accounts in the general fund.
Committee members had no substantive questions beyond appreciation for the clarity of the proposal and moved to forward the item to the full board with a positive recommendation.
Motion and next steps: The committee approved forwarding the lease purchase recommendation. If approved by the board, staff will finalize the lease documents and proceed with device ordering and deployment according to the district’s refresh schedule.
Endnote: Staff said the purchase is a routine technology refresh to maintain device reliability for staff and instructional needs.
