The Purchasing Division will, when feasible and practical, assign asset numbers to items identified as capital assets in accordance with the administrative policies that are in effect. Assignment of asset numbers will take place at the earliest time that individual assets can be identified from the purchase order. Assigned asset numbers shall become permanent references for tracking and controlling assets. Certain other categories of assets, which may not be identified as capital assets, may also be assigned asset numbers for inventory and tracking purposes in accordance with the administrative policies that are in effect.
(§ 3, Ord. 3054, eff. August 18, 2016)