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Winnebago County to sell 2018 loader to Brown County, accept projected $61,000 paper loss
Summary
County staff recommended selling a 2018 loader to Brown County for $40,500 (plus transfer of a 2012 loader valued at $14,500) and noted a depreciation scheduling error that produced a projected $61,000 budget loss; the board approved the transaction.
Winnebago County operations staff presented a plan to replace a 2018 loader and to sell that machine to Brown County, explaining a discrepancy between the asset’s book value and market/trade‑in value due to an extended 15‑year depreciation schedule applied at purchase.
The presenter (S7) said the 2018 loader’s current net book value was…
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