Federal Program Equipment and Supplies
Equipment - Tangible, nonexpendable personal property having a useful life of more than a year and an acquisition cost of $1,000.00 or more per unit.
Supplies - All tangible personal property other than equipment. Computing devices are supplies if cost is less than $1,000.00.
Additional Tracking Requirements
The District will maintain effective control over and accountability for all funds, property and other assets. Regardless of cost, the District will maintain effective control and will safeguard all assets and will assure that they are used solely for authorized programs.
The District will use equipment used in the Federal program for which it was acquired as long as needed, whether or not the program continues to be supported by the Federal award.
When equipment acquired under a Federal award is no longer needed for the original program, the District will dispose of the equipment as follows: