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Office of Financial Services > Accounting Services > Frequenty Asked Questions Property Control > Disposing of Property

 

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Disposing of Property 

Question

Can I throw away property – tagged or not?

Answer

No.  According to School Board Administrative Procedure 7310 all property must be disposed of through the Surplus Warehouse. 
• If the item is a capital asset (a property record number was issued and a tag was provided, even if the tag is no longer legible or attached*), an online transfer must occur to transfer the item to the Surplus Warehouse.  * See the Property Tags section to determine if a property record number was issued for an item that does not have a tag attached.
• If the item is not a capital asset (no property record number was ever issued), a paper DCR-1 form can be used to transfer the property to the Surplus Warehouse
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Created at 10/22/2010 11:53 AM  by Moses, Linda@Accounting Services 
Last modified at 11/3/2010 8:45 AM  by Moses, Linda@Accounting Services