PAP.10.20.010 Purchases

Purchases of fixed assets will be made from funds designated for such purpose in compliance with Chapter PAP.2 of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians Tribal Code of Law – Property and Procurement Policies and Procedures. The finance department will maintain a record on the Property Inventory List by program and location for each fixed asset costing $5000 or more and for all vehicles, computer equipment, and other sensitive "walk-away" assets (See sample form A-18).