Obion County Board of Education |
Agenda Item: VIII. |
Consider/Approve Amendment to Board Policy #2.702 – Inventories |
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Background Information : The Divisions of Federal Programs and Special Education of the Tennessee Department of Education have issued new regulations/guidelines for accountability of equipment and inventory. As such, Board Policy #2.702 needs to be amended. The following statement is recommended as an addition to the first paragraph under the heading “EQUIPMENT PROCURED WITH FEDERAL DOLLARS”: Sensitive minor equipment is defined as items purchased with a cost between $100 and $5,000, and includes items such as, but not limited to,
Staff Recommendation: I recommend approval of the amendment as set forth above on second and final reading. |