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Pinellas board approves first reading to repeal multiple property policies, adopt consolidated policy raising fixed-asset threshold to $5,000
Summary
The board voted 7-0 Feb. 11 to repeal several policies on school property and adopt a consolidated Policy 7.300; notable changes include raising the fixed-asset capitalization threshold from $1,000 to $5,000 per state guidance and streamlined procedures for tagging and inventory.
The Pinellas County School Board on Feb. 11 approved a first reading and authorized advertisement for repeal of eight policies related to school property and adoption of a new consolidated policy, titled "Accountability and Responsibility for School Board Property" (Policy 7.300). The motion passed 7-0.
Director Liana Eisen explained the rewrite and consolidation are part of a district effort to streamline policies and align asset reporting thresholds with the Florida Department of Financial Services. Key…
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