Saladino Announces New Plans to Generate Revenue From Surplus Equipment

Saladino Announces New Plans to Generate Revenue From Surplus Equipment

Town of Oyster Bay Supervisor Joseph Saladino announced that the Town will begin to sell surplus goods, including vehicles, office equipment, and furniture, via online auction. The new plan is expected to generate new revenues for taxpayers.

 

“We previously sold surplus equipment through direct bids, and this new policy will help expand the buying pool, thereby increasing the potential revenue the Town could receive for our unutilized goods,” Supervisor Saladino explained. “This latest initiative helps our Town literally turn trash into cash.”

 

Under the new policy recently approved by the Town Board, the Town can sell surplus property valued at less than $10,000 via online auction, competitive bid or directly to buyers, pending Town Board approval. The Town previously sold non-operational vehicles, surplus recycling trucks and obsolete equipment through direct bids, already saving the Town hundreds of thousands of dollars.

 

“I’ve directed our Department of Public Works and other Town departments to inventory their equipment and identify anything that is no longer being utilized or beyond the scope of repair,” Supervisor Saladino said. “My administration has achieved great savings through such initiatives, and we will continue to look for innovative ways to save taxpayers money.”