Governance & Policies
Asset Management Policy
The term fixed assets means property, plant and equipment with a useful life of more than one year used by Caister-On-Sea Parish Council to deliver its services.
The Parish Council maintains a Fixed Asset Register of all property and items of value in excess of £100 which is held in the Parish Council Office. It is reviewed annually and where needed updated. The record of assets and their values is required to:
- Provide information to Councillors as to the assets under their control.
- Provide Information for decision making purposes.
- Provide information for external reporting, insurance and audit purposes.
