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File #: 21-0549    Version: 1
Type: Agenda Item Status: Approved
File created: 3/29/2021 In control: Board of Supervisors
On agenda: 4/20/2021 Final action: 4/20/2021
Title: Auditor-Controller recommending the Board authorize the Auditor-Controller to remove the fixed assets and minor equipment listed on the attached schedules from the County's fixed asset records. FUNDING: N/A
Attachments: 1. A - Fixed Asset Write Off Ltr JHarn 3-29-21, 2. B - Fixed Asset Write Off Schedule A, 3. C - Fixed Asset Write Off Schedule B

Title

Auditor-Controller recommending the Board authorize the Auditor-Controller to remove the fixed assets and minor equipment listed on the attached schedules from the County's fixed asset records.

 

FUNDING: N/A 

 

Body

DISCUSSION / BACKGROUND

Departments are required to complete their annual physical inventory by November 30th.  The attached schedules list items that were identified as missing or that were disposed of without prior Board authorization as a result of that inventory process for the year ended June 30, 2020.

 

The recommendation will allow the Auditor-Controller to remove fixed assets having an acquisition cost of $205,931 and minor equipment having an acquisition cost of $35,911 from the County’s property records. 

 

ALTERNATIVES

N/A

 

PRIOR BOARD ACTION

N/A

 

OTHER DEPARTMENT / AGENCY INVOLVEMENT

N/A

 

CAO RECOMMENDATION / COMMENTS

Approve as recommended, noting the current depreciated value of the fixed assets being removed from inventory is approximately $9,000. Minor equipment is not depreciated.

 

FINANCIAL IMPACT

There is no fiscal impact related to the removal of these items from the inventory list.

 

CLERK OF THE BOARD FOLLOW UP ACTIONS

N/A

 

STRATEGIC PLAN COMPONENT

N/A

 

CONTACT

Joe Harn