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Finance committee approves revised surplus property policy widening authority and adding real estate
Summary
The committee approved amendments to Financial Policy F‑15 to include real estate in the surplus property process and raise the council approval threshold from $10,000 to $25,000, allowing department heads greater authority for lower‑value sales.
The Waukesha City Finance Committee on Sept. 30 approved changes to the city’s Disposition of Surplus Property financial policy (F‑15), adding real estate to the policy, clarifying processes for sale and transfer and raising the council approval threshold for disposals from $10,000 to $25,000.
City staff told the committee the revised policy expands the kinds of property covered (equipment, vehicles, rolling stock and real estate), documents that surplus property is sold “as…
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