B. Non-Capitalized Property (Tangible
Property between $1,500 and $4999.99)
The Property Office will record property
items with a unit cost between $1,500.00 and
$4999.99. These items will not be
capitalized for accounting purposes, but
will be tagged
with a bar-coded identification
number in a timely manner. Property
Administrators will be
responsible to maintain records for
this property.