The University of New Mexico

News

UNM Policy Office

MSC05 3357
1 University of New Mexico
Albuquerque, NM 87131

Physical Location:
Scholes Hall
114 A and B

Phone: (505) 277-2069

Quick Fix for Policy 4310 ("Inter-Departmental Sales")

January 9, 2013

President Frank approved a quick fix for Policy 4310 ("Inter-Departmental Sales") on January 9, 2013.  To make the policy consistent with current state law, the threshold for capitalizing purchases and other expenditures (and recording them as fixed assets) was raised from over $1,000 to over $5,000.  Titles used in the policy were also updated.