Property Management

The Property Management department is charged with managing the 25,000 plus personal property items acquired with both State and non-State funds, and any donations to UNT or the UNT System.

Personal property is any possession having sufficient value to warrant inclusion in the fixed assets portion of any official statement of financial condition. Personal property includes:

• Capitalized Assets - Assets with a single unit value of $5,000 or greater and an estimated useful life of more than one year.
• Controlled Assets - Assets that do not meet the capitalization threshold but must be secured and tracked due to the nature of the item. The most common classification of controlled items are firearms and computers which have a dollar threshold of $1, and data projectors, cameras, dvd players/recorders, televisions, vcrs, camcorders and printers which have a dollar threshold of $500.