Town of Carmel, NY
Putnam County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Town Board of the Town of Carmel 3-12-1986. Amendments noted where applicable.]
GENERAL REFERENCES
Budget procedures — See Ch. 4.
Investment policies — See Ch. 20.
The Town Comptroller and the Comptroller's office staff shall be designated as fixed asset property control manager and be responsible for the control and maintenance of the fixed asset records.
The Comptroller's office shall develop the fixed asset policies and procedures utilizing the audit and control guidelines with these policies incorporated.
Each department manager, including elected officials, shall be designated individual department property control managers responsible for the fixed assets in their department and shall report to the property control manager. They shall be designated Department Fixed Asset Custodians responsible for fixed assets under their custody.
The minimum value of a fixed asset shall be $200, to be included in fixed assets for accounting purposes.
The Town Board may set and revise the general rules and regulations and overall requirements of the accounting for fixed assets developed by the Town Comptroller's office.