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Petaluma City Schools |  BP  3440  Business and Noninstructional Operations

Inventories   

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In order to provide for the proper control and conservation of district property, the Superintendent or designee shall maintain an inventory in a manner authorized by the State Board of Education for the following:

1. All items currently valued in excess of $500.

2. All items purchased with federal funds that have a useful life of more than one year with an acquisition cost per unit of $5,000 or more (34 CFR 80-3).

Legal Reference:

EDUCATION CODE

Inventory of Equipment

CODE OF REGULATIONS, TITLE 5

Class 1 - Permanent Records

Historical Inventory of Equipment

Carl D. Perkins Vocational Education Act, Public Law 98-524, 99-159

CODE OF FEDERAL REGULATIONS, 74.132-74.140

Office of Management and Budget, Circular A-102, Attachment N. Property Management Standards

Policy PETALUMA CITY SCHOOLS

adopted: June 25, 2002 Petaluma, California