TO:
Board of Trustees
THROUGH:
Jay Fox, Executive Director
FROM:
Mary DeLoretto, Chief Service Development Officer
PRESENTER(S):
TITLE:
title
UTA Policy - UTA.06.03 Capital Assets
end
AGENDA ITEM TYPE:
UTA Policy
RECOMMENDATION:
Approve revised UTA Capital Assets policy to correct the policy number from UTA.06.02 Capital Assets to UTA.06.03 Capital Assets
BACKGROUND:
Last year, the UTA Financial Management team updated the Capital Asset policy to make a number of revisions addressing findings in the FTA’s Financial Management Oversight Report. The updated policy was mistakenly assigned a number that is in use by another UTA Policy.
DISCUSSION:
We are requesting approval to update this policy’s number to UTA.06.03. There are no further revisions, and this request will not affect policy contents.
ALTERNATIVES:
If we do not correct the current number of the UTA Capital Assets policy, we will have two UTA policies with the same identifying number.
FISCAL IMPACT:
N/A
ATTACHMENTS:
UTA.06.03 Capital Assets