It is the policy of the Board that district administrators be accountable through the performance evaluation process for the stewardship of fixed assets purchased with public monies under the control of the district.  Fixed assets are tangible property used in district operations that have a long term usable life.   The Superintendent or their designee is authorized to develop administrative procedures to implement this policy, which shall include: 

1. ) The cyclical physical inventory of fixed assets and reconciliation; 

2. ) Capitalization thresholds; 

3. ) The definition and tracking of noncapitalized theft-sensitive assets; and 

4. ) The tracking of the purchase, delivery, transfer, retirement and disposal of all fixed assets.