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BPS technology revolving fund helps offset device refresh costs; last resale netted about $700,000

2997526 · April 15, 2025
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Summary

BPS described the technology revolving fund process to councilors: the district refreshes devices on a three- to four-year cycle, sells used equipment via a reseller to a revolving account (about $700,000 in the last cycle), and spreads new device purchases through the city's lease-purchase arrangement.

Councilors asked for detail on the Technology Revolving Fund and device procurement. District officials said the fund records proceeds from sales of district devices that have reached replacement age and uses that revenue to offset future purchases. "The last time we did a bid, I think we took in about $700,000 for old, teacher laptops. And I believe the new purchase price was about $5,000,000 for the new," the superintendent said.

Officials described a refresh cycle of roughly three to four years for teacher and student devices. For recent large purchases the district said it has used the city lease-purchase mechanism to spread payments over three years rather than make a lump-sum payment; incoming resale revenue from the revolving fund offsets a portion of annual costs. The superintendent explained the procurement approach: bid for new devices and a separate bid for a reseller to buy the old devices, with proceeds placed in the statutorily required revolving account and then applied to device costs.

The district also said it provides devices to all students and teachers, a subset of paraprofessionals and other staff, and is maintaining that refresh and procurement cycle in FY26 as part of ongoing technology support for instruction.