The Town Clerk-Treasurer has asset acquisition and disposal forms that department heads are required to fill out at the time a fixed asset is acquired or disposed of. It is imperative that each form be filled out completely so that the fixed asset report is kept current and is as thorough and accurate as possible. Disposals will be listed on a separate sheet with the date of disposal and the type of disposal such as scrapped, sold at auction, or donated to another non-profit organization. The listings shall be removed from the fixed asset report and entered in the disposal list during the year following the disposal of the asset.
(Ord. 2018-4, passed 2-14-2018)