Effective July 1, 1996 the State Capitalization threshold for fixed assets value increased to five thousand dollars ($5,000) or more and items less than five thousand dollars ($5,000) became the responsibility of the various departments to inventory.

The Internal Auditor's and Federal Government's Capitalization thresholds for fixed assets value increased to five hundred dollars ($500) or more and items less than five hundred dollars ($500) became the responsibility of the various departments to inventory.