Governor Steve Beshear's Communications Office
Surplus Auction Generates Over $1 Million for Commonwealth
FRANKFORT, Ky. — Nearly 500 surplus vehicles and equipment went on sale today as the Finance and Administration Cabinet’s Division of Surplus Properties conducted another state auction.
With approximately 900 people on hand, everything from trucks, backhoes, mowers, cars and dump trucks were sold on behalf of the Transportation Cabinet, Department of Highways and the Department of Agriculture. Early estimates put today’s total well over $1.1 million with the highest selling item being a backhoe that went for $38,250. Several cities and counties have bought approximately $173,000 worth of equipment since July 1, 2009.
“These auctions have become very resourceful for the state and for those who come to buy,” said Gov. Steve Beshear. “We’re glad to help our constituents with their needs, while raising revenue that can be used during these tough economic times.”
“We received a number of calls from people looking for information about this sale,” said Finance and Administration Cabinet Sec. Jonathan Miller. “We’re just glad we can help people get a good deal on something they can use.”
Part of the net proceeds will be used to purchase new equipment and more efficient vehicles.
There are other auctions planned for the remainder of 2009. For more information on upcoming auctions as well as other surplus events go to http://finance.ky.gov/internal/surplus/.