Asset items are assigned an inventory number and labeled with a college property sticker. Department inventories of all fixed assets are reviewed annually and physical checks are done on a random basis.
Departments heads are responsible for the care of fixed asset items.
Lost or stolen college property is reported to Purchasing Services and College Security immediately upon discovery. Items transferred to other departments, traded-in on replacement equipment, or determined to be damaged, obsolete, unrepairable, or of no value to a department, are considered Surplus and are transferred to Purchasing for disposal.