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Inventory <br />• An inventory of capital assets will be reviewed and updated annually. <br />• Reporting of the capital asset inventory will be reported with the Annual Comprehensive <br />Financial Report in accordance with government accounting standards. <br />• The Finance Department will meet annually with the respective department heads/managers to <br />review their department's Capital Assets. Any differences between the department records and <br />the Fixed Asset reports will be researched. <br />