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Board revises capital asset threshold to $10,000 under Resolution 26-50
Summary
Jasper County adopted Resolution 26-50 raising the county’s Capital Asset Management Policy reportable threshold from $5,000 to $10,000; the resolution was adopted unanimously and filed with the County Auditor.
The Jasper County Board of Supervisors adopted Resolution 26-50 updating the Capital Asset Management Policy to change the threshold for reportable assets from $5,000 to $10,000. "Motion by Cupples, seconded by Nearmyer to adopt Resolution 26-50 approving the Capital Asset Management Policy making changes from $5,000 to $10,000 in reportable assets," the minutes state; the motion passed unanimously.
A complete copy of Resolution 26-50 is on file in the Office of the Jasper County Auditor. The change adjusts the county’s asset reporting and inventory thresholds; the minutes do not enumerate specific asset classes affected.
