No. Asset Management will not be responsible for inventorying attractive assets (equipment less than $5,000 value). It is the Custodian’s responsibility to safeguard attractive and sensitive property owned by their departments.
Attractive property is tangible personal property less than $5,000. The University or the department could wish to track the property due to a variety of reasons, including but not limited to 1) it contains sensitive data, 2) it is prone to theft or loss, 3) the department is required or wishes to track the property. myAssets is the tool used to track and identify Attractive Property. Each department is responsible for tracking and identifying its own attractive property.
A Required Asset Certification (RAC) is an online certification for certain assets that fall into one of five categories (see question below). The certification is verifying that the asset exists and that certain asset details are correct. This certification will need to be completed annual by October 31 of each fiscal year for each respective asset. The User will receive the certification through an automated email from myAssets starting at the beginning of the fiscal year and will continue to receive an email regarding the certification weekly until completed.
The five categories of assets that are required to be tagged and entered into myAssets and will need to have a RAC completed annually are as follows: 1) Attractive Assets with Hard Drives- this will include anything with a hard drive including but not limited to laptops, desktops, tablets, smart phones, printers, copiers, VR headsets (this does not apply to PrintSmart leased copiers or printers); 2) Attractive and Capital Assets marked as Off-Site- any asset that travels off UF property; 3) Attractive Assets considered Registered Transport- this will include all attractive vehicles, vessels, ATVs, golf carts, LSVs, trailers, aircraft, and drones costing under $5,000 that are titled, licensed, or registered with the Department of Motor Vehicles or the Federal Aviation Administration; 4) Attractive Assets that are considered ITAR- International Traffic in Arms Regulations include any items on the United States Munitions List (USML) or in the 600 series Commerce Control List. Items on these lists have military applications (firearms, night vision goggles, Geo-synchronous mapping, etc.); 5) Attractive Assets purchased on Fund 163- any attractive asset acquired on fund 163- Equipment Use Fees.