DRDER N0. 27311 ASSET CARITALIZRTION ROLICY On this the 13th day of November 2001, upon motion made 6y Commissioner Let z, seconded by Commissioner Griffin, the Court unanimously approved by a vote of 4-0-0, to accept Asset Capitalization Rolicy as presented by the Kerr County Auditor. COMMISSIONERS' COURT AGENDA REQUEST _ PLEASE FURNISH ONE ORIGINAL AND NINE COPIES OF THIS REQUEST AND DOCUMENTS TO BE REVIEWED BY THE COURT. MADE BY: %o-+~mvr %om~~tilsOh MEETING DATE: ! /- / 3 - O/ OFFICE: A ucl ~'f'0 ~ TIME PREFERRED: SUBJECT: (PLEASE BE SPECIFIC) C'DYra~~cfp~ gvt~'l~ c+~i'sCVss gsse~ CgP,'TG/,'24f/'on poli'c-y. EXECUTIVE SESSION REQUESTED: (PLEASE STATE REASON) NAME OF PERSON ADDRESSING THE COURT: ESTIMATED LENGTH OF PRESENTATION: F"'F,RSONNEL MATTER -NAME OF EMPLOYEE: Time for submitting this request for Court to assure that the matter is posted in accordance with Title 5, Chapter SSI and 552, Government Code, is as follows: Meeting scheduled for Mondays: THIS REQUEST RECEIVED BY: THIS REQUEST RECEIVED ON: 5:00 P.M. previous Tuesday. All Agenda Requests will be screened by the County Judge's Office to determine if adequate information has been prepared for the Court's format consideration and action at time of Court Meetings. Your cooperation will be appreciated and contn'bute towards you request being addressed at the earliest opportunity. See Agenda Request Rules Adopted by Commissioners' Court. KERB COUNTY Asset Capitalization Policy October I, 2001 Assets with value of $1,000 and over will be included on the fixed asset inventory at cost and will be depreciated. Purchase of assets in this category will be recorded in "Capital Outlay". Assets with value of $300 or more and under $1,000 will be included on the fixed asset inventory at no cost and not subject to depreciation. Including these assets will be for control purposes and insurance valuation. Purchase ofassets in this category will be recorded as "Miscellaneous Equipment". Assets with value ofunder $300 wilt not be inchtded in inventory. Purchase of these - assets will also be recorded as "Miscellaneous Equipment".