[HISTORY: Adopted by the Town Board of the Town of Olive 5-24-1990.
Amendments noted where applicable.]
The Town Board of the Town of Olive establishes a General Fixed Assets
Program, as determined by the Office of Audit and Control and set forth in
Subsection 3.1060 of the Office of the State Comptroller Financial Management
Guide.
The minimum dollar valuation of a fixed asset for inclusion in the inventory
is set at a minimum of $100.
The Office of the Supervisor is designated as Property Manager, responsible
for the development and maintenance of fixed asset records.
