File: DID

INVENTORIES

Inventories are taken for a number or reasons:  To make sure that school property is being used for the purposes for which it was intended; to protect school property from theft and damage; to assess the operational condition and efficiency of school equipment; to establish a maintenance and repair schedule; to determine the specified amount of supplies which need to be purchased and to create for insurance purposes a current record of the value of school property in case of fire, vandalism, theft or other damage.\ 

1. There shall be an annual inventory of all equipment, furniture and supplies which are under the responsibility and jurisdiction of the Regional School Committee.
2. The annual inventory shall be taken under the general supervision of the Superintendent-Director and shall be under the direct supervision of the business manager or fiscal officer with the cooperation of the professional and non-professional staff as
3. The procedures for taking and valuing the annual inventory shall be established in consultation with the insurers.
4. The Superintendent-Director will provide the Regional School Committee with the important details of the inventory program.