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CSISD staff propose raising capitalization threshold to $10,000 and board-approval threshold to $100,000 to align with federal/state guidance
Summary
CSISD staff told trustees at an Aug. 19 workshop that they plan to raise the district’s capitalization threshold from $5,000 to $10,000 and the board-approval threshold for single purchases from $50,000 to $100,000 to conform with federal and state guidance.
College Station ISD staff presented two proposed policy changes at the Aug. 19 workshop intended to align district procedures with recent federal and state guidance.
On CFB Local (capital assets), staff proposed increasing the district’s capitalization threshold from $5,000 to $10,000, mirroring the federal Uniform Guidance change for fixed-asset thresholds. "Everything has…
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