§ 35.102 ASSETS BELOW THE CAPITALIZATION THRESHOLD.
   (A)   The Council also wishes to express that the day-to-day stewardship of property (above and in selected instances below the capitalization threshold of $25,000) is the expressed responsibility of the head of the operating department utilizing the property.
   (B)   And, for maintenance of the capital asset accounting report, the various heads of the operating departments have the responsibility to report additions, retirements, and transfers in detail to the Clerk-Treasurer. Detail shall include such data elements as asset description, location, make, model, serial number, date of acquisition, cost, trade-in, or disposal price received, and any other information that assists control or is deemed relevant.
   (C)   Further, these assets below the capitalization threshold, but considered sensitive may include, but not limited to, weapons, radios, computers, printers, fax machines, chain saws, small motor equipment, and power tools. These minor but sensitive items shall be inventoried and controlled at the department level by the head of the operating department. These departments would include Police, Fire, IT, and Public Works. Stated inventory shall be conducted annually. The City Clerk-Treasurer shall reserve the right to request copies of the inventory and/or updated inventory of controllable items and to periodically review the information and adherence to the policy.
(Ord. 11, 2001, passed 4-23-01; Am. Ord. 7, 2021, passed 4-26-21)