RECORDING PROPERTY DETAILS - 8650.2

(New: 10/2020)

(New and renumbered from 8650)

When capital assets/property is acquired, agencies/departments will record the following information:

  • Date acquired.
  • Property description.
  • Property identification number (tag).
  • Historical cost or other basis of valuation.
  • Owner fund(s).
  • Estimated useful life, if applicable.

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