Definition of a Fixed Asset:
It retains original shape and appearance with use.
It has a life expectancy of over two years.
It most often represents an investment of $500.00 or more
with the exceptions to technology equipment.
All District property (assets) is to be disposed of through surplus procedures. It may not be discarded, destroyed, or given away. Surplus equipment that is picked up must be accompanied by a Surplus Form. All forms must be approved and signed by the Department Director/Principal and the Fixed Assets Department. All unused surplus will be sold at auction.
Fixed Assets Directory