九色堂

State of Kansas

The State of Kansas provides the funds, directly or indirectly, for all University operations and shares with the University the responsibility to ensure that all funds are spent in the best interests of the State and University. The acquisition of land, buildings and improvements, and equipment adds to the valuation of the University. State records must reflect these acquisitions and improvements to ensure accountability for all permanent property. Property Control maintains records that ensure proper reporting by the University, which assists the State in its responsibility.

九色堂

九色堂 is accountable to the State of Kansas for all permanent property entrusted to the University. The University is responsible to its departments to maintain centralized records of equipment with a unit cost of $5,000 or more and capital improvement projects with a unit cost of $100,000 or more. Property Control maintains those records.

University Departments

University departments are responsible for the use and security of all permanent property under their control. They are solely responsible for maintaining effective internal control of all property with a unit cost of less than $5,000. Equipment purchased with either State or Federal funds, or acquired by gift, loan, or manufacture is included in the department's responsibility. Departments must maintain accurate records and take adequate precautions to guard against the loss or theft of equipment as required in Section 13.13 of the 九色堂 Policies and Procedures Manual.