UTSA equipment should not be used for personal gain or in competition with private enterprise. Regulations regarding proper use of university/state property by university employees are included in the UT Regents' Rules and Regulations. Series 80101 of the Regent's Rules and Regulations includes the following statement:Sec. 2
Authorized Users. No person, organization, group, association, or corporation may use property or buildings owned or controlled by the U. T. System or any of its institutions for any purpose other than in the course of the regular programs or activities related to the role and mission of the U. T. System and its institutions, unless authorized by the Regents' Rules and Regulations. Any authorized use must be conducted in compliance with the provisions of the Regents' Rules and Regulations, the approved rules and regulations of the institution, and applicable federal, State, and local laws and regulations.
Any equipment, other than software purchased on 09/01/09 or later, with a unit cost of $5,000 or more is considered â€˜capitalized equipment' and is recorded to UTSA's inventory. Software purchased on and after 9/01/2009 must have a cost of $100,000 to be considered capital. Freight and installation charges, if any, are considered part of the landed cost of the item. All such items are assigned UTSA inventory numbers, and a barcode shall be affixed to each item indicating it is the property of UTSA.
If an item costing less than $5,000 is intended to be incorporated into an existing inventory item, it will be added to the inventory listing using the same number as the original item, but the inventory value will be increased accordingly.
All equipment with a unit cost of less than $5,000 other than Controlled Property (see below) is considered to be 'non-capitalized property' but still constitutes UTSA property and shall be properly used, maintained, and protected.
- Stereo Systems
- Cameras / Video Recorders
- Data Projectors
- TV/VCR/Camcorder/Laserdisk Player
- Guns: handguns, rifles, automatic weapons, shotguns
Each State of Texas agency is responsible for ensuring that property is tracked and secured in a manner that is most likely to prevent theft, loss, damage, or misuse. Precautions must be taken to ensure that state property is secured. Agencies must know at all times where all property under their control is located, should have a method for locating any inventory item on-site or off-site and should be able to locate a given item upon request. At any time, the Inventory Department and external/internal auditors may perform a physical inventory of property items.
The President of UTSA is responsible for property in the possession of UTSA.
The Director of Financial Services and University Bursar has been designated by the President as the UTSA Property Manager as required for each state agency. The UTSA Property Manager is responsible for property records which are maintained by the Inventory Department
The Associate Director Financial Services and University Bursar reports to the UTSA Property Manager and is responsible for the management and direction of the UTSA Inventory Department, Surplus Department, Fiscal Services-Collections, and Financial Services and is responsible for recording and tracking all capitalized and controlled equipment. Serves as the Alternate Property Manager for all capital inventory equipment.
The Inventory Manager reports to the Associate Director Financial Services and University Bursar, and is responsible for the daily operations and supervision of the UTSA Inventory Department and staff and ensures UTSA and departmental compliance with all property rules, regulations and policies.
The Surplus Property Supervisor reports to the Associate Director Financial Services and University Bursar, and is responsible for the daily management, activities and supervision of the UTSA Surplus Property Department and staff.
The Inventory Department provides information to all UTSA personnel regarding current state laws and UTSA rules, regulations, and procedures that must be followed in using, safeguarding, and disposing of UTSA property. The Inventory department administers the annual inventory process and is responsible for all property reporting.
The Vice President for Business Affairs is required by the Board of Regents rules to facilitate an annual inventory as discussed in this guideline.
Department Managers are responsible for the day-to-day care and accountability of property and are further responsible to ensure that the annual physical inventory of UTSA property assigned to their department is completed each year. This responsibility may not be delegated and it is the duty of the Department Manager to see that all members of their staff take every reasonable precaution to prevent loss of or damage to UTSA property while it is in their possession or students' possession under their direct supervision. Department Managers are responsible for ensuring that the department's inventory is maintained in accordance with UTSA and State policies. For more information, see fmog14.43.1.utsa.
All Department Managers should emphasize, to all members of their staff, the importance of vigilance to prevent loss of or damage to UTSA property and in identifying those responsible for such damage whenever it occurs.
Ideally, inventory records are maintained by one person within the department to assure compliance with requirements.
- Copy of department's most recent physical Inventory
- Missing/Stolen Property, Equipment or Inventory Reports
- Campus Police Incident Reports
- Correspondence to Inventory Department
- Inventory transfer documentation
- Surplus documentation
- Removal of Equipment forms
- Departmental logs for equipment taken off campus
The UTShare/PeopleSoft system is used by the Inventory Department to record and maintain the capital/controlled equipment inventory. The system provides the ability to add and delete property items to the departmental inventory.
Departmental personnel with access to UTShare/PeopleSoft are required to use the UTShare/PeopleSoft system to change the location of property items and to assign responsibility for property using the employee's UTShare/PeopleSoft Employee ID. Other than those updates, only the Inventory Department staff is authorized access to change inventory data in UTShare/PeopleSoft.
Departmental staff needing access to these functions should request access from the Business Information Services.
The acquisition cost of a property item remains the same as long as the item is carried on the UTSA inventory. Department personnel should always reference the acquisition cost of an item on forms and in correspondence requiring the inventory value, not the depreciated or current value.
Property items are acquired by UTSA through various means as described herein.
All equipment purchased with UTSA funds is the property of UTSA. Likewise, items purchased with grants and contract funding become UTSA property upon acquisition unless the contract specifically stipulates otherwise.
The Inventory Department reviews purchase orders, payment vouchers, and Interdepartmental Transfers (IDTs) for identification of all equipment purchases. If the purchase is for capital equipment or controlled items, an inventory number is assigned for each equipment item and the Inventory Department uses the Purchase Order and voucher for entering the item on UTSA's computerized inventory system.
Equipment that is purchased through UTShare/PeopleSoft is automatically assigned to a departmental inventory based upon the funding source from which payment for the item was made using Account codes. If the item has been purchased for a different department, it must be transferred to that department to be reflected on the proper departmental inventory.
A lease-purchase involves an item paid for on an installment payment basis, with UTSA assuming outright ownership when the terms of the lease-purchase agreement are completed. Capital equipment acquired by lease-purchase will be added to the department's inventory after the first payment has been made with the inventory carrying value being determined by the payments that have been made.
Fabricated equipment valued at $5,000 or more ($500 or more if the item is a Controlled item) is assigned an inventory number and added to the department's inventory. Departments involved in the fabrication of equipment must keep track of all costs related to the fabrication. When a department fabricates equipment, the department must provide the Inventory Department with the item's description, cost documentation, department ownership and physical location.
It is the responsibility of the department to initiate a Gift Processing form. All contributions of property must be processed through External Relations. External Relations will notify the Inventory Department of any gift of property including all artwork, with appropriate supporting documentation. The approved Gift Processing Form will specify the property value to determine whether the item must be inventoried. The Inventory Department will coordinate tagging of gifts with the recipient department.
Equipment may be obtained through United States (U.S.) Government excess property disposal sources. This is equipment that is no longer needed by federal government departments and agencies and is made available for transfer to other government agencies, colleges and universities. Unless otherwise indicated in the transfer documents, equipment acquired from government excess property sources becomes UTSA property upon acceptance by the department. If the unit value is $5,000 or more ($500 or more if the item is a Controlled item), the item will be assigned a UTSA inventory number, tagged, entered on the acquiring department's inventory, and controlled the same way as any other item of UTSA property.
Specific questions regarding procedures for accounting for property used by UTSA departments to which the U.S. Government has retained ownership should be referred to the UTSA Property Manager.
Equipment that has been acquired from U.S. Government excess property sources may have restrictions on disposal and therefore should not be indiscriminately thrown away. If a department wants to dispose of such property, either by sale or turn-in as surplus property, the Department Manager shall advise the UTSA Property Manager by memorandum. The following information should be provided: UTSA inventory number, item description, date acquired, excess property order number, inventory carrying value, estimated actual value and condition, and location of the item. This procedure is necessary because some agencies have restrictions affecting the disposal of equipment acquired through excess or surplus property sources. See Property Acquired Under Sponsored Programs for more information.
Equipment acquired under sponsored programs is UTSA property unless specifically exempted by the terms of the sponsor's agreement. This property is placed on the inventory of the Principal Investigator's (PI) assigned department. It should be handled and protected as UTSA property. Principal Investigators may require full-time use of equipment acquired with the grant of contract funds to perform the research specified in the agreement. Such exclusive use is permissible; however, ownership of the equipment is vested with UTSA, not with the individual.
Grants or contracts may specify that equipment acquired with the sponsor's funding be transferred upon request by the awarding agency. Often this will involve transfer of the PI and the grant to a new institution. When requested, UTSA will provide the receiving institution and the sponsoring agency with an equipment listing including the dates of purchase and acquisition costs. The receiving institution should acknowledge receipt of the equipment and furnish copies of the acknowledgment to UTSA.
Before transferring equipment to another institution, the PI should submit a letter to the Office of Sponsored Project Administration and the UTSA Property Manager through the dean or director, requesting approval. Include the grant number, grant name, the name of the receiving institution, and the name and title of the official authorized to receive the property in the letter. Also include the inventory number, item description, acquisition cost and year acquired. In addition, a copy of the letter from the granting agency directing the transfer of the grant and equipment to the new institution should accompany the request. Do not remove the equipment from UTSA until the Department Manager has received approval from the UTSA Property Manager. After approval, the department should remove the Inventory tags only when physically transferring the equipment, and send it to the Inventory Manager along with a copy of the transfer authorization. This will authorize the Inventory Department to adjust the department's inventory.
Under no circumstances should property owned by the federal government be transferred to another department, declared as surplus or otherwise disposed of without acquiring clearance of ownership through the Research Service Center (RSC)/Office of Sponsored Project Administration (OSPA). When such a transfer is requested via the Property Transfer form, copies of the ownership clearance documentation should accompany the transfer request. No change can be made regarding federal property without appropriate clearance from the sponsoring federal agency.
A complete Annual Physical Inventory (API) of all UTSA-owned property in the possession of departments, centers, and designated UTSA offices shall be made each fiscal year as directed by the State of Texas Comptroller's Office and outlined in the State Property Accounting Process User's Guide, Chapter 2, Section 2.12. If a state agency fails to keep records or perform an API, the State Comptroller may refuse to draw warrants or initiate electronic fund transfers on behalf of the agency.
To help promote responsible stewardship of UTSA property, a Pre-Inventory/Custody listing of all inventory-tagged departmental property is incorporated into the API process. It is mandatory that UTSA (faculty/staff) employees sign the Pre-Inventory/Custody listing for all items for which they are responsible.
Each year a department must designate an Inventory Contact Person (ICP) who will be required to attend mandatory training: DE675 Inventory: Palm/Scanner Usage. This class is a hands-on training class for newly designated ICPs. DE676 Inventory: Palm/Scanner Usage Refresher Class is an online course for ICPs who have already attended DE675. After completing the appropriate training course, each ICP will receive a departmental Pre-Inventory/Custody listing of departmental assets and an information packet on how to conduct the inventory. Using a UTSA-provided barcode scanner, the ICP will complete the inventory and return the scanner and paperwork to the Inventory Department within a prescribed timeframe. The timeframe will be determined according to the number of items within each department.
All items identified on the Pre-Inventory/Custody listing must be located and scanned by the ICP. The condition (fitness to render services) of each asset should also be evaluated and updated on the Pre-Inventory/Custody listing, as appropriate. Missing items, changes, or erroneous data should be reported, as appropriate, on one of the inventory forms. Questions about specific items should be addressed to the Inventory Department staff during the inventory process. Departmental personnel should use the annual inventory process as an opportunity to ensure that the property is still being used, properly cared for and maintained. Any property not being used should be declared as surplus property to avoid future loss. UTSA is evaluated on its ratio of lost and stolen property and this is reported each year. Agencies must keep their ratio of lost and stolen item value to no more than 1 percent of the total value of all their assets or risk having their budgets reduced.
Upon completion of the inventory, the original copy of the Pre-Inventory Custody listing, all supporting documentation, forms, etc. shall be returned to the Inventory Department along with a Certification of Departmental Annual Physical Inventory form signed by the Department Manager and ICP. Before signing the certification form, the Department Manager should ensure that all items on the Pre-Inventory/Custody listing are located. All forms must be returned along with the Pre-Inventory/Custody listing to the Inventory Department. A duplicate copy of all documentation should be kept on file in the department and used as a management tool in controlling inventory items during the year. These items may be subject to review during QAR.utsa.
The API is considered complete when the Inventory Department downloads the inventory data from the scanners, conducts a reconciliation of the data, and sends a Post-Inventory report back to the department detailing the reconciliation results of each item inventoried. All department personnel should continue to aggressively search for items reported as missing/stolen and if found the item must be reinstated using the appropriate form.
The Facilities Coordinator provides the Inventory Office with the equipment listing of all new furniture including description of equipment, location and acquisition price. The Inventory Department assigns an inventory number to each controlled/capitalized item and determines which department owns the equipment. After tagging, the inventory numbers are entered into the UTShare_PeopleSoft System and appear on the appropriate department's annual inventory.
All personal property belonging to students, faculty, and staff of UTSA shall be marked: â€œPersonal Property of ___________â€�. Any property belonging to an outside company but placed on UTSA premises, whether for trial use or other purposes, should be clearly identified as â€œProperty of ____________ Companyâ€�. By so marking personal items, much time and effort can be saved during the API and departmental audits of equipment.
The Texas State Records Retention Schedule requires agencies to maintain property records for the life of the asset and for a period not less than three fiscal years after the disposal of property. Property records should include any payment-related source documentation (invoices, payment vouchers, receipts, etc.) necessary to substantiate the value of the asset. The Inventory Department and Disbursements and Travel Services will retain all required documentation for the specified retention period.
According to the State Property Accounting Process User's Guide Chapter 1.25: Works of Art and Historical Treasures are collections or significant individual items that are owned by a state agency and are not held for financial gain but rather for public exhibition, education or research as part of a public service. Collections or individual items are subject to an organizational policy that requires the proceeds from their sales to be used to acquire similar items.In compliance with GASB 34 Paragraph 27c, every UTSA Work of Art and Historical Treasure is currently:
- Held for public exhibition, education, or research in furtherance of public service, rather than for financial gain.
- Protected, kept unencumbered, cared for, and preserved.
- Subject to the policy of the UT System that any proceeds from the sale of a collection item be used to acquire other items for collections. According to the bor.80201.ut Sec 6 - Disposal of UT System Property.
When the president of an institution determines that a work of art or a duplicate of a valuable, rare, or significant volume is no longer of significant use for the purposes of teaching or research, the item is subject to sale following the procedure outlined in this section. The disposability and current fair market value of the item shall be certified by a three-member panel (including either an art historian or a bibliographer) and the director of the collection disposing of the property. The UT System and any of its institutions shall be given first choice in acquiring the item before it is offered for sale. Proceeds from the sale shall be used for purchases to improve the collection from which the item was drawn or to select items more appropriate to the institution's collection areas. Sale is subject to the approval of the president and must be for the fair market value of the item. A permanent record shall be made of the disposition and future location of the item.
- Purchases: All Works of Art and Historical Treasures that are purchased with UTSA funds in the name of UTSA are considered property of UTSA.
- Donations: All Works of Art and Historical Treasures that are donated become the property of UTSA upon acceptance approval being granted by the UTSA External Relations Office. See the HOP9.23, section F for more information.
It is the policy of UTSA to capitalize all Works of Art and Historical Treasures at the purchase cost at the time of acquisition or, for donated items, at the value indicated on the Gift Processing Form.