AGENCY: Salt Lake City (Utah). Department of Information Management Services

SERIES: 101
TITLE: Fixed assets
DATES: 1986-2016.
ARRANGEMENT: None.

DESCRIPTION: This is an automated system of information concerning all city property, including buildings, real estate, equipment, furniture, etc. Every two weeks, information is backed up on tape. This system includes cost; vendor number; date; salvage value; reproduction cost; exclusion amount; percent depreciated; insurance class; and if property, the location, quantity, etc., maintenance data, and computer printout received monthly, quarterly, and annually showing additions, retirements, depreciation, etc. Printout includes asset number, class code, site, building, division, section, quantity, date acquired, life of property, replacement years, purchase authority, cost basis, reproduction cost, depreciated reduction cost, and a description of each item.

RETENTION

Retain for 10 year(s) after disposition of asset

DISPOSITION

Destroy.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 05/1986

FORMAT MANAGEMENT

Computer magnetic storage media: Retain in Agency Record Center for 10 years after disposition of asset and then purge.

APPRAISAL

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