The various offices and departments of government of the county shall maintain a written inventory of all items of tangible personal property acquired by said office or department having an individual purchase price, or value, of $1,000 or more, and having a useful life of more than two years. Machinery, equipment, or parts, which are combined together to form one working unit, shall be considered as one item. The valuation of personal property shall be based upon historical cost, but if undeterminable shall be estimated.
(Res. 99-6, passed 9-7-1999)