 |
 |
 |
 |
|
Page 1 of 2
EASTON AREA
SCHOOL DISTRICT
No. 706
SECTION:
PROPERTY
TITLE:
PROPERTY RECORDS
ADOPTED:
October 19, 2006
REVISED:
706. PROPERTY RECORDS
1.
Purpose
The Board recognizes that adequate property and inventory records must be
maintained on all buildings, equipment, and physical property under district control.
2.
Authority
The Board directs that a complete inventory, by physical count, of all district-owned
equipment and property records of all district buildings and grounds shall be
maintained and updated at intervals that coincide with property insurance renewal.
3.
Delegation of
Responsibility
It shall be the responsibility of the Business Manager to ensure that equipment
inventories are systematically and accurately recorded, updated, and adjusted
annually by reference to purchase orders and withdrawal reports. Property records of
facilities shall be maintained on an ongoing basis.
The Business Manager shall maintain a system of property records which shall
show, as appropriate to the item recorded:
1.
Description and identification.
2.
Manufacturer.
3.
Location.
4.
Condition and depreciation.
5.
Current valuation, in conformity with insurance requirements.
4.
Guidelines
Major items of equipment shall be subject to annual physical spot check inventory to
determine loss, mislocation or depreciation; any major loss shall be reported to the
Board.
Records of consumable supplies shall be maintained on a continuous inventory
basis.
706. PROPERTY RECORDS - Pg. 2
Page 2 of 2
Pol. 708, 710
No equipment shall be removed for personal or nonschool use, except in accordance
with Board policy.