Any piece of capital equipment which has ceased to function properly and any piece which is no longer needed by the department should be disposed of and removed from the inventory records.
Information regarding capital equipment items which have been removed from the inventory records will be maintained for one year. Ultimate disposition data shall include date of disposal and method of disposal. Method of disposal includes trade-in, sale price, loss, theft or salvage.
Fully depreciated assets which are still being utilized should remain on the inventory records.
For more information on the UWSP Surplus Property Program see: Surplus Property.