PHOENIX (December 28, 2021) - The General Services Division at ADOA streamlined its process to get excess state property and abandoned TSA items sold faster and more efficiently, resulting in a record breaking $1.9 million reversion back to the general fund.
The State Surplus Reversion for FY 2021 took place in October in the amount of $1,949,473.02. This is the largest Surplus reversion to the General Fund since ADOA’s General Services Division started the State Surplus program.
ADOA’s Surplus Property Management Office is responsible for the disposition of all excess and surplus property for the State of Arizona. In the past, ADOA would hold public auctions of both abandoned items from TSA as well as state surplused items. This process was found to be inefficient as it not only created lengthy waiting periods between auctions, but grouped similar items together forcing consumers to buy in bulk. Now, ADOA is listing items every day on publicsurplus.com to be sold either individually, in small groups, or as a pallet. This new process allows ADOA to reach a wider audience on a consistent basis to help make our return on investment greater.
Since 2015, ADOA has returned more than $4 million of State Surplus proceeds to the General Fund.