Common use of Property Inventory Clause in Contracts

Property Inventory. The Director of Operations shall establish and maintain an inventory of all non-consumable goods and equipment over $500.00. This inventory shall include the original purchase price and date, a brief description, serial numbers and other information appropriate for documenting the Charter School’s assets. Property will be inventoried on an annual basis and lists of any missing property shall be presented to the Board of Directors.

Property Inventory. The Director of Operations shall establish and maintain an inventory of all non-consumable goods and equipment over $500.00. This inventory shall include the original purchase price and date, a brief description, serial numbers whenever available and other information appropriate for documenting the Charter School’s assets. Property will be inventoried on an annual basis and lists of any missing property or other dispositions shall be presented to the Charter School’s Board of DirectorsDirectors and to the PVBOE.