CFB(LOCAL) -

Under the direction of the Superintendent, a complete inventory of all District-owned property shall be updated at least annually, prior to the end of the school year. Records shall be maintained for accurate property accounting and should serve as a guide for the purchase of additional items for District use.

Capitalization Threshold

The capitalization threshold for purposes of classifying capital assets shall be $5,000.

Northwest ISD

CFB(LOCAL)-X

LDU-16-02

DATE ISSUED: 4/22/2002