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Committee reviews modest increase to surplus-property sale thresholds for water and sewer districts
Summary
Staff and supporters told the committee SB 5467 raises the thresholds at which water and sewer districts must provide notice or competitive sale: personal property threshold to $5,400 and private sale threshold for real property to $7,500, updating figures last set in earlier decades.
The House Local Government Committee heard staff and stakeholder testimony on Senate Bill 5467, a proposal to update the dollar thresholds that govern when water and sewer districts must publicly notice or competitively sell surplus property.
Elizabeth Ren, committee staff, explained that current law allows…
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