1. (a)

   1. (1) A small portable item is an item that is priced under the one-thousand-dollar equipment criteria, or even under five hundred dollars ($500), and has a life expectancy of one (1) year.
   2. (2) This item also is not likely to be missed immediately upon its disappearance.
   3. (3) Examples include, but are not limited to, tablets, laptops, cameras, shop tools, etc.
   4. (4) A recipient’s internal controls shall be sufficient to account for all such purchases made with federal and/or state funds.
   5. (5) This is why the Division of Career and Technical Education requires items costing more than five hundred dollars ($500) and “walkables” be maintained in inventory.

2. (b)

   1. (1) The division retains a vested interest in the equipment purchased with the Perkins funds for its useful life cycle (currently five (5) years).
   2. (2) If the program/project for which it was purchased is discontinued or if the equipment is no longer needed in the program, a request shall be made through the accountability and Perkins program coordinator to reassign the equipment as outlined in 2 C.F.R. § 200.313.
   3. (3) Equipment shall be used in the program or project for which it was acquired as long as needed.

   4. (4) When no longer needed for the original program or project, the equipment shall be used in other activities in the following priorities:

      1. (A) Other activities supported by Perkins; and
      2. (B) Other activities supported by federal education funds.

3. (c)

   1. (1) When no longer needed by the recipient in any program, a request shall be made to sell or use the equipment for a trade-in with the proceeds offsetting the replacement cost.
   2. (2) Any additional funds shall be returned to support the CTE program of study.

Codification Notes: “CTE” means career technical education.