D1320 - Inventory of Assets

An annual inventory must be conducted by each department, school or building. Departments, schools or buildings must complete inventory by April 30 each year. Financial Services staff will make any necessary follow up inquiries and adjust the records adjusted accordingly. For additional information see the Financial Procedures for Schools and Departments.

Equipment Purchased with Federal Funds

Equipment purchased with Federal funds must be entered on inventory and accounted for under guidelines issued by the Oregon Department of Education. For additional information see the Financial Procedures for Schools and Departments.

Fixed and Attractive Asset Check-Out

Occasionally, district-owned property is temporarily removed from district premises. When this occurs it is necessary to complete the authorization form – Equipment Check-Out prior to removal. Those forms are available on the district’s website at:
http://web4j1.lane.edu/hr/rm/RiskManagement.html.

Loss/damage of district property

When district-owned property is lost, stolen, or damaged, it is necessary to complete the notification form – Incident/Property Damage Report Form as soon as practically possible. Those forms are available on the district’s website at: http://web4j1.lane.edu/hr/rm/RiskManagement.html.