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RESOLUTION Page 2 of 2 <br />Category 1: Public Information <br />2. Assets with a value less than $10,000 and considered to be attractive and vulnerable to loss will <br />be tagged and subject to an annual inventory, but not capitalized for financial reporting <br />purposes. <br /> <br />3. The capitalization thresholds are effective as of January 1, 2024. <br /> <br /> <br /> <br />_________________________________________ <br />Councilmember introducing resolution <br /> <br /> <br />Passed and approved this 4th day of December, 2024. <br /> <br /> <br /> <br />______________________________________ <br />Council President <br />