Fixed Asset policy update effective 1/17/2019

This revision changes the threshold for controllable fixed assets. It eliminates controlling of assets between $2,000 and $5,000 except for Higher Education Equipment Trust Fund (HEETF) assets, which will continue to be tracked for all assets costing $500 or more. For all moveable equipment, except HEETF equipment, only assets costing $5,000 or more are tagged and tracked.

View the updated policy here

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