Custodianship
Property refers to all assets used in governmental operations. Property includes land, buildings, improvements, machinery, furniture, tools, and intangibles. Individual departments and/or other operational units of CALIFORNIA STATE UNIVERSITY, SACRAMENTO having custodianship of equipment should maintain stringent and accurate accounting controls. Possession of equipment within your area and under your jurisdiction makes you accountable and liable should any item become lost or stolen. Paperwork transactions, documentation, and internal audit trails are integral parts of good property management.
Departments should place special emphasis on property matters and maintain up-to-date accounting records.