AB 629 – Updates Minimum Value for Public School Equipment Inventory

Existing law requires the governing board of a school district to establish and maintain an inventory of each item of equipment acquired by the school district and the date and manner of its disposal, if the item has a current market value that exceeds $500.

AB 629 raises the threshold value for inclusion on the inventory from $500 to $1,500. It further requires the Superintendent of Public Instruction to adjust this threshold every two (2) years for inflation, rounded to the nearest $50, and post the updated amount on the Department of Education’s website.

(AB 629 amends Section 35168 of the Education Code.)