Impact
WARD: Ward
COMMITTEE:
$ IMPACT:
Title
Approval of an Asset Management Policy
Body
ISSUE:
Approval of the asset management policy.
BACKGROUND:
The asset management policy provides guidelines for the recording of City assets. It sets the capitalization and tracking threshold for City assets. Additionally, it establishes guidelines for the transfer or disposition of an asset.
RECOMMENDATION/REQUESTED ACTION:
Approval of the proposed Asset Management Policy.