Effective Date:
Thursday, July 15, 2004
Status:
Revised
The revisions to this University Policy are based on new accounting/reporting requirements for public universities under Governmental Accounting Standards Board (GASB) Statements #203 and #603.1. These new requirements include tracking and reporting building and infrastructure assets. The revisions are intended to strengthen the policy with regard to accountability for lost or stolen assets. The revisions also include State and University requirements policies and procedures for operating a surplus property store on campus.