Departments receive reimbursements for items that sell for $200 or more. Reimbursement rates are determined by the item’s sale value.
Sales Value Department Reimbursement
- $200 - $4,999: 50%
- $5,000 - $9,999: 80%
- $10,000 - $19,999: 90%
- $20,000 and over: 95%
We do not issue reimbursements for lot sales of low value, mixed items or items that sell for less than $200.
When regional campus and special university-wide items are not physically moved to our operation in Bloomington, the reimbursement rate is 80% of the sale value. The regional campus must coordinate and schedule item pickup with the purchaser.