The School Board of Miami-Dade County
Bylaws & Policies
Unless a specific policy has been amended and the date the policy was revised is noted at the bottom of that policy, the Bylaws and Policies of the Miami-Dade County Public Schools were adopted on May 11, 2011 and were in effect beginning July 1, 2011.
 

7450 - PROPERTY INVENTORY

All real and tangible personal property shall become the direct responsibility of the school principal/work location administrator, including its care, custody, safekeeping, and accounting of all property.

A complete inventory of all District owned tangible personal property shall be conducted annually and submitted to the Board. A complete inventory shall also be conducted when there is a custodian change at a school or department location. A principal or department head shall obtain a police report for any District-owned tangible personal property that is stolen from the location's inventory. "Tangible personal property" shall mean any tangible personal property, of a nonconsumable nature, with a life expectancy of one (1) year or more which has a capitalized value equal to or greater than the value defined in statute.

Equipment acquired under a Federal award must comply with the Uniform Guidance, 2 C.F.R. 200.311 - 313.

The Superintendent is authorized to develop and implement a Manual of Property Control Procedures that describes the processes to implement this policy.

F.S. 274.02, 1001.43
2 C.F.R. 200.311, 200.312, 200.313

Revised 10/5/16

© Neola 2016