May 26, 2006, volume 25, no. 11

We are pleased to announce that School Services of California has entered into a partnership agreement with InterSchola, LLC, a company that assists school districts and other public agencies to effectively manage and dispose of surplus assets. The InterSchola model for asset disposal requires no upfront cost and poses no risks to school districts, yet provides a creative approach for school districts that have limited resources to manage the task of surplus asset removal and sale.

InterSchola assists school districts with selling their surplus goods to a global audience in an online auction environment through eBay, their auction partner. The process is conducted in accordance with all state Education Code and regulatory requirements governing the disposal/sale of surplus assets. Interschola staff manage the entire auction process from start to finish, including:

• Identifying assets that are deemed salable
• Writing descriptions and photographing the items for sale
• Preparing board resolutions to meet all Education Code requirements
• Creating auction listings on eBay
• Marketing upcoming auctions
• Maintaining communications with prospective buyers
• Handling all aspects of transaction close
• Coordinating shipping and pick up with buyers
• Delivering a check to school clients for their portion of the proceeds of each sale and a detailed report documenting every transaction

We believe that the InterSchola service model will help reduced districts’ storage costs (there are more frequent asset sales throughout the year), reduced transportation costs (the model allows for sales from multiple locations), and reduced asset disposal costs (the sale of surplus assets eliminates the need for school districts to pay to have the same items hauled away for scrap value).

We at School Services look forward to this partnership and know that our clients will find that a valuable service is provided by Interschola. For more information, go to InterSchola’s website at www.interschola.com.

—The Editor

For 30 years, SSC has served most of California's school districts, county offices, and community colleges in meeting their management, governance, and fiscal responsibilities. The effective administration of California's public schools has always been the firm's primary mission and the company has played an integral role in the development and implementation of education policy at both the state and local levels.

The cornerstone of SSC's integrated services, the Fiscal Report provides late-breaking updates on issues affecting the finances and management of K-12 school districts and county offices of education. This essential resource keeps clients informed of the status and potential ramifications of impending state government actions, both legislative and regulatory, as well as state apportionments, court decisions, elections, and other education-impacting events.

“Fabulous transaction. Item as described. Good communication. A++++eBayer”
– Buyer: Aug 31, 2006

“Great eBay seller, a lot of help above and beyond expectations, highly recommended”
– Buyer: Aug 15, 2006

“Easy to pick up, and very helpful, great people to buy from and deal with”
– Buyer: Jul 27, 2006