Capital equipment is defined by Federal and State regulations as “an article of tangible personal property that has a useful life of more than two years and an acquisition cost of $5000 or more”. In order to maintain program quality, assure the protection of valuable resources and give a basis for sound decision making, an accurate and current inventory of all equipment and supplies will be maintained.
This policy complies with HeadStart Performance Standards 1301.
It was approved by PolicyCouncil on April 24, 2001. August 14, 2007
Board of Directors approved on November 17, 2009
Updated January 25, 2001
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