8) SELL SURPLUS ASSETS!

If we aren't using it, sell it.

The Lancaster School district owns old busses that don't run. The district owns tax-foreclosure real estate. We own old furniture. See the piles behind Pleasant Run and Dallas Avenue.

Auction it all off. The cash, at any amount however small, is more useful than the headaches of keeping track of odds and ends of little properties.

The board should direct the superintendent and facilities management branch to prepare a complete list of all capital/ major properties assets. The report should indicate acquisition cost, current value, most recent annual maintenance cost, (if any) and most recent income generated. The board should then decide which if any such properties can be retained. All others should be listed with county auction agencies for disposition sale.

Procedes should be dedicated to rebuilding the cash reserves -- fund balance.