Wichita County keeps existing capital-asset threshold; policy renewed
County officials renewed the capital asset group disbursement policy with no substantive changes; the policy references a $150,000 capital-asset threshold tied to procurement rules and will remain in place after a unanimous 5–0 vote.
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County staff reviewed the Wichita County Capital Asset Group disbursement policy and explained how capital assets and procurement thresholds interact. The county’s threshold for capital assets was discussed in the context of procurement rules; staff said that with a procurement threshold now at $100,000, the capital-asset threshold used in the policy remains $150,000 and there are no substantive changes from the previous year.
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