School District of Clay County Green Cove Springs, Florida |
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Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearings for Special Actions Regarding Students - 4:00 p.m. REGULAR MEETING - 7:00 P.M. |
Agenda Item #40 Item Title C-40 Disposition Change of Certain Items Report - June, 2010 Issue/Rationale Clay County School Board Policy 5.03, Section C.3 provides that property records shall be prepared and a property tag number shall be assigned upon receipt of a tangible personal property item purchased or donated, with a value of $750.00 or more. In accordance with School Board Policy, the Coordinator of Property Control is removing from capitalized inventory each piece of equipment or property with a value less than $750.00. For property items owned by the Clay County School Board with a value less than $750.00, the Coordinator of Property Control is making a disposition change from capitalized inventory to non-capitalized inventory. The purpose of this report is to show in dollars, by location, the financial impact of removing from capitalized inventory each piece of equipment or property with a value less than $750.00.
Recommended Action Approve Disposition Change of Certain Items Report - June, 2010 as submitted. Financial Impact Reduces the capitalized dollar value of tangible personal property. Submitted By Dr. George F. Copeland, CPA, Assistant Superintendent for Business Affairs.
Chris Lee, Coordinator of Property Control Attachment: Disposition Change Report-June, 10.pdf |