08-13-2009, 08:35 PM
deckeda wrote:
Regarding tossing them --- I'd like to hear from some accountants here. I'd "heard" that many places can't adequately show old tech as being depreciated and off the books unless it's destroyed, i.e. sent to the dump. I'll bet I'm wrong though.
Not an accountant, but have worked a government job for a long time. Best way I can put it is that for most government property, they do not keep track of depreciation like a business would. Many items are kept on the books at original purchase cost, replacements usually come out of a future capital outlay appropriation.
As for disposal, each state has its own rules, and they may or may not appply to lesser governing entities and divisions within the state. So it is hard to say if this practice described in the article is normal for their as I do not live or work there.