Answer

The Attorney General (AG) has stated that political subdivisions should dispose of surplus movable property through one of the following procedures: 1. R.S. 49:125 (public auction); 2. R.S. 33:4712(F) for property with a value of less than $5,000; or 3. R.S. 33:4711.1 (internet sale).; 4. The Local Services Law, R.S. 33:1321 et seq.; and 5. R.S. 49:125.1, which provides that political subdivisions may transfer surplus electronic devices to certain certified non-profits in return for services proportional to the value of the surplus devices transferred. Each of the five methods above have procedures which are described in the Surplus Property FAQ available on the LLA’s website. In all cases, however, the first step is for the District to document the Fair Market Value (FMV) of the property. Once that is determined, the governing authority must declare the property as surplus and set the FMV as the minimum price for the sale. For the District, this would be done by the Board through a resolution. Under the facts presented, it appears that for the sale of medical equipment, which is valued at more than $5,000, a public auction pursuant to R.S. 49:125 or an internet sale pursuant to R.S. 33:4711.1, are the most appropriate methods to dispose of the property Louisiana Legislative Auditor website: 04/23/2025 11:58:36 PM