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Board adopts policy 6550 on capitalization thresholds for leases and subscription IT
Summary
After a second reading the board moved to adopt board policy 6550 (capitalization threshold for leases and subscription-based information-technology arrangements); the motion carried by voice vote.
The board conducted a second reading of board policy 6550, a policy addressing capitalization thresholds for leases and subscription-based information-technology arrangements. A board member moved to adopt policy 6550, another seconded, and the board approved the motion by voice vote; the chair declared the policy adopted.
No substantive debate was recorded at the second reading and no roll-call tally was provided; the board used a standard voice vote to adopt the policy.
