State of Montana, Board of Examiners, Report On Examination of Financial Statements 1976

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1947, states in part: "The department (Department of Administration) has exclusive power, subject to the approval of the governor, to sell, or otherwise -11- dispose of, or to authorize the sale or other disposition of, all materials and supplies, service, equipment, or other personal property of every kind now owned by the state of Montana, but not needed or used by any state institution or by any department of state government." The board should determine whether it has a foreseeable need for... the equipment presently being stored in the basement of the capitol.
All property dispositions, including those of the Vietnam Veterans' Bonus Division, should be made in accordance with the above statute.
Annual inventories and identification markers on each equipment item are necessary to provide physical safeguards over state-owned property.
RECOMMENDATION We recommend that the board: 1. Establish controls over fixed assets in compliance with Management Memo 70-17, dated June 30, 1970.
2. Dispose of all idle equipment in accordance with section 82-1914, R.C.M.


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