Property Management
Property Management tracks all land, building, equipment, vehicles and furniture in the District with a unit value of $500 or more and a useful life of two years or more.
Property Management processes include:
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Posting of acquisitions, retirements and transfers of fixed assets by schools and departments to the SAP system.
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Coordinating, reviewing and processing of physical inventories of fixed assets by schools and departments as well as spot check inventories.
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Calculating and posting of depreciation related to fixed assets with a value of $5,000 or more.
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Processing and tracking of construction projects.
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Generating of monthly and annual reports and analysis related to fixed assets.
The District's total fixed assets, including land, building, construction in progress, equipment, vehicles and furniture, exceed $1.5 billion.
