ST. LOUIS BOARD OF EDUCATION REGULATION
BUSINESS AND NON-INSTRUCTIONAL OPERATIONS
ACCOUNTS

Audit of Physical Inventory

Audits of School Property - Changes in Principals or Administrators

When a principal or administrator moves to a new location, there should be a physical audit performed of all furniture, equipment, and other property by the exchanging administrators. If any discrepancies are discovered, the incumbent administrator shall fill out the proper forms, and upon approval of these forms the property accountability section shall make the changes in the master inventory file.

If the reassignment takes place at the beginning of the school year, the meeting should take place the week before the opening of school.

Regulation approved: June 26, 1990

Revised: February 9, 1999