AMENDED IN ASSEMBLY MARCH 10, 2025

CALIFORNIA LEGISLATURE— 2025–2026 REGULAR SESSION

96

CHAPTER 62

Statutes of 2025

[ Approved by Governor July 28, 2025. Filed with Secretary of State July 28, 2025. ]

Introduced by Assembly Member Ward

February 13, 2025

An act to amend Section 35168 of the Education Code, relating to school districts.

Vote: majority   Appropriation: no   Fiscal committee: yes   Local program: no

LEGISLATIVE COUNSEL’S DIGEST

Existing law establishes the system of public elementary and secondary schools in this state and provides for their funding and governance. Existing law requires the governing board of a school district to establish and maintain an inventory, as provided, of each item of equipment acquired by the school district that has a current market value that exceeds $500.

This bill would increase the above-described threshold value from $500 to instead be $1,500. The bill would require the Superintendent of Public Instruction to biennially adjust that threshold market value by a specified inflation factor, rounded to the nearest $50, and to post the adjusted threshold market value to the State Department of Education’s internet website.

The people of the State of California do enact as follows:

SECTION 1.

Section 35168 of the Education Code is amended to read:

35168.

(a) (1) The governing board of a school district, shall establish and maintain a historical inventory, an audit trace inventory system, or any other inventory system authorized by the state board that shall contain the description, name, identification number, date of acquisition, location of use, and original cost, of each item of equipment acquired by the school district that has a current market value that exceeds one thousand five hundred dollars ($1,500) per item.

(2) The governing board of a school district shall also include the date and manner of disposal for each item of equipment in the inventory system maintained pursuant to paragraph (1) upon disposal of the item.

(3) For purposes of paragraph (1), if a school district does not know the original cost of an item, the school district may use a reasonable estimate of the original cost.

(b) (1) The Superintendent shall biennially adjust the threshold market value identified in subdivision (a) by the percentage calculated pursuant to paragraph (2) of subdivision (d) of Section 42238.02 for the 12-month period ending in the prior fiscal year, rounded to the nearest fifty dollars ($50).

(2) The Superintendent shall post the adjusted threshold market value calculated in paragraph (1) to the department’s internet website.