Moveable equipment acquired by the University is capitalized as outlined in the Business Procedure Manual.

Department heads are responsible for University assets in their respective areas. The Property Accounting Office in the Department of Accounting Services maintains an inventory of all capital equipment. This equipment is tagged upon acquisition and physically inventoried biennially. Requests for information concerning items on inventory can be made to the Property Accounting Office.

Any change in status of equipment will be requested on a Property Accounting Form 9. This includes transfers to another department, becoming surplus, or being stolen. Disposal of usable University equipment should be coordinated with the manager of the University Warehouse. Departments or staff members are not authorized to sell or to donate University property to outside organizations or individuals. All thefts are to be reported immediately to the University police, or to the local law enforcement agency if occurring off campus. University equipment that is to be removed from University property for instructional or research purposes requires prior approval on a Property Accounting Form 12.