PROPERTY RECORDS AND INVENTORY

As steward of the College's property, the Board recognizes that efficient management and a full replacement upon loss requires accurate inventory and properly maintained property records.

The administration shall conduct a complete inventory of all District-owned capital equipment annually.

The administration shall maintain a system of property records which shall show as appropriate to the item recorded:

a. description and identification

b. manufacturer

c. year of purchase

d. initial cost

e. location

f. replacement valuation in conformity with insurance requirements

(5 Cal. Adm. Code; 16035, 16036)




Adopted by Board of Trustees: August 15, 1977