Bill > AB629

This bill amends existing California law regarding school district equipment inventory requirements by increasing the threshold for tracking equipment from $500 to $1,500. Currently, school districts must maintain a detailed inventory of equipment items valued over $500, including information like description, identification number, acquisition date, location, and original cost. The new bill raises this threshold to $1,500, which means school districts will only be required to track and document equipment items that are worth more than $1,500. Additionally, the bill mandates that the Superintendent of Public Instruction will adjust this threshold value every two years based on an inflation factor, rounding to the nearest $50, and must publish the updated threshold on the State Department of Education's website. The bill also requires that when equipment is disposed of, the inventory system should include the date and manner of disposal. If a school district does not know the original cost of an item, they can use a reasonable estimate. This change is intended to reduce administrative burden by lowering the number of items school districts must track in their inventory systems.

Budget and Finance, Education

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB629