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Finance agency reports 755 missing fixed assets under review, work to continue annually
Summary
The Finance Agency reported that 755 county fixed assets remain pending investigation; many are fully depreciated and the agency said it will continue annual inventory scrubs while exploring technology and training to improve tracking.
The Finance Agency presented the county’s annual fixed assets inventory report to the Finance and Government Operations Committee on March 18, describing the ongoing process to locate and reconcile county property.
Margaret Olay, director of the Finance Agency, and Annie Tam, assistant controller treasurer, said the annual exercise helps identify assets that…
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