Assets must be protected, adequately maintained and should not be unnecessarily risked. The board of trustees is responsible for over viewing the programming and funding of general maintenance of the school grounds, buildings, facilities and other assets to provide a clean, safe, tidy and hygienic work and learning environment for students and staff. Accordingly, the principal will:
Insure assets.
Ensure authorised personnel handle funds or school property.
Ensure plant and equipment are monitored as to wear and tear and receive sufficient maintenance and are used appropriately with appropriate training
Maintain an up to date asset register for all items of furnishing, plant machinery, equipment, text and library books costing more than $500.00
Ensure the implementation of the 10 year property maintenance plan
Engage sufficient property maintenance staff for the school within budget limits
Receive board approval for contracts for works over $10,000 for any one project
Conduct competitive tenders or carry out competitive quotations for all contracting, works or equipment above $10,000
Protect intellectual property, information and files from loss or significant damage or unauthorised access or duplication.
Receive, process or disburse funds under controls that are sufficient to meet the board-appointed auditor’s standards.
Invest or hold operating capital in secure accounts, or in non-interest bearing accounts except where necessary to facilitate ease in operational transactions.
Barcode important assets for ease of tracking
formulated 2013
Reviewed 2016
2018
2023
2025