Policy Statement

In order to safeguard the Library System's assets, the Business Office will monitor and administer an inventory of all furniture and equipment that exceeds $1000 in value.

Regulations

The Business Office will:

1. Annually conduct a physical inventory of all furniture and equipment.
2. Annually provide the Commission with an updated inventory report.
3. Present surplus items to the Commission monthly.

The Metropolitan Library Commission authorizes the executive director to establish procedures to administer this policy.