Fixed Assets

Fixed Assets have been defined by the district as real property, real property improvements, vehicles and all other equipment meeting or exceeding capitalization requirements.  Equipment that has a life greater than one year and a cost equal to/greater than $5000 will be treated as a fixed asset.  This cost includes the item cost, sales tax, and any shipping/freight/handling charges.  To enable the finance department to track assets accurately, we request you complete an Addition Form, when an asset is purchased.

Fixed Asset Inventory Addition

When an item is obsolete, lost, stolen, destroyed, sent to auction or scrapped, it must be removed from the asset listing. To enable the finance department to track assets accurately, we request you complete an Deletion Form, when this happens.

Fixed Asset Inventory Deletion





School Logo
Employee Portal
  • Language