From Joan.Compton at adm.idaho.gov Wed Dec 27 15:10:12 2017 From: Joan.Compton at adm.idaho.gov (Joan Compton) Date: Wed, 27 Dec 2017 22:10:12 +0000 Subject: [Icoord] FW: FY18 ANNUAL INVENTORY REQUIREMENT In-Reply-To: References: Message-ID: Agency Insurance Coordinators, In accordance with Idaho Code Section 67-5746, each agency is required to conduct an annual inventory for all business personal property which the agency owns or is responsible for whether under terms of any contract, grant, or otherwise. The Department of Administration is responsible for verifying that each agency has completed its inventory. This annual process begins in January and is to be completed by the end of the first week of March. The following information and instructions will also be sent to your department Director. Attached is a copy of the Minimum Requirements for Maintenance of Business Property Inventory System to help you determine what items must be inventoried. (Please note that this statutorily required inventory process is not the same as the property information required for insurance coverage and renewal.) Please apply a 1.00% inflationary factor to your existing business personal property values for FY18. The inflationary factor is not applied to new acquisitions. Once your annual inventory of business personal property has been conducted, each agency insurance coordinator must complete and return the attached 2018 Acknowledgement of Completion of Business Property Inventory form to the Department of Administration via email to joan.compton at adm.idaho.gov. Acknowledgement forms must be received by March 9, 2018. As always, we appreciate your assistance complying with this annual task. Should you have questions, please contact Joan Compton at 332-1872 or at the e-mail address provided above. Joan Compton, Risk Management Analyst State of Idaho Idaho Department of Administration Risk Management Program 650 W. State Street, P.O. Box 83720 Boise, Idaho 83720-0079 208-332-1872 208-334-5315 Fax joan.compton at adm.idaho.gov Work hours: 7:00am to 4:00pm Confidentiality Statement: This electronic message contains information from the Risk Management Program of the State of Idaho, Department of Administration, and is confidential or privileged. This information is intended solely for the use of individual(s) or entity(ies) named above. If you have received this e-mail in error, please notify us immediately by telephone at 208-332-1872, or by e-mail reply and then immediately delete the message. Thank you. -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: ANN INV guidelines 2018.doc Type: application/msword Size: 25600 bytes Desc: ANN INV guidelines 2018.doc URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: ANNINVacknowledgement form Jan 2018.doc Type: application/msword Size: 32256 bytes Desc: ANNINVacknowledgement form Jan 2018.doc URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: Annual Inventory Cover Letter 2018.doc Type: application/msword Size: 77824 bytes Desc: Annual Inventory Cover Letter 2018.doc URL: