§ 37.47 PERIODIC INVENTORIES.
   A physical inventory of all capital assets (any item over $5,000) will be conducted in each department on or about December 31 of every year. The Clerk-Treasurer's office will conduct spot checks on a random basis. Department heads will be accountable for the capital asset inventory charged to their departments by verifying a list of their capital assets at year-end.
(Ord. 2005-24, passed 9-19-05)