Assemblymember Ward's legislation modernizes school district equipment inventory requirements by raising the minimum value threshold from $500 to $1,500 for items that must be tracked in district records.
Under the revised policy, school districts must maintain detailed inventory records for equipment items exceeding the new $1,500 threshold, including each item's description, identification number, acquisition date, usage location, and original cost. The inventory system must also document the date and method of disposal when items are removed from service. In cases where original cost data is unavailable, districts may use reasonable cost estimates for inventory purposes.
The bill establishes an automatic adjustment mechanism requiring the Superintendent of Public Instruction to update the threshold value every two years based on inflation metrics, with adjustments rounded to the nearest $50. The Department of Education will publish these updated thresholds on its website to ensure districts have current compliance information. This change marks the first update to the inventory threshold since the original requirement was established.
![]() Chris WardD Assemblymember | Bill Author | Not Contacted |
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Assemblymember Ward's legislation modernizes school district equipment inventory requirements by raising the minimum value threshold from $500 to $1,500 for items that must be tracked in district records.
Under the revised policy, school districts must maintain detailed inventory records for equipment items exceeding the new $1,500 threshold, including each item's description, identification number, acquisition date, usage location, and original cost. The inventory system must also document the date and method of disposal when items are removed from service. In cases where original cost data is unavailable, districts may use reasonable cost estimates for inventory purposes.
The bill establishes an automatic adjustment mechanism requiring the Superintendent of Public Instruction to update the threshold value every two years based on inflation metrics, with adjustments rounded to the nearest $50. The Department of Education will publish these updated thresholds on its website to ensure districts have current compliance information. This change marks the first update to the inventory threshold since the original requirement was established.
Ayes | Noes | NVR | Total | Result |
---|---|---|---|---|
37 | 0 | 3 | 40 | PASS |
![]() Chris WardD Assemblymember | Bill Author | Not Contacted |