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Germantown board considers raising threshold for surplus property sales in first reading of policy 2.403
5811302 · August 13, 2025
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Summary
The Germantown Board of Education received a first reading of proposed changes to Policy 2.403 on Aug. 12 that would raise the surplus‑property per‑unit threshold from $5,000 to $10,000 and add language about deducting handling costs from federal proceeds.
Board staff presented a first reading of proposed revisions to GMSD Policy 2.403 (surplus property sales) at the Aug. 12 work session.
What was proposed: The draft policy increases the per‑unit fair market value threshold that permits…
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