Responsibilities

The President is accountable for the supervision, control, and inventory of all state-owned property in University of Illinois System custody. The responsibility for the equipment record has been delegated to the Vice President, Chief Financial Officer, and Comptroller of the University of Illinois System.

The Associate Vice President, Controller, and Deputy Comptroller has been delegated the authority to prepare, and after necessary consultations, define responsibilities for property control and accountability. The Controller develops guidelines for equipment removal and procedures for documenting removal as well as determines the procedures to follow in assessing employees for missing or damaged property. These responsibilities have been delegated to University Accounting and Financial Reporting (UAFR).

Within UAFR, the offices of Accounting Services and University Property Accounting and Reporting (UPAR) administer detailed records of all items of real property and movable equipment in the custody of University units, regardless of location, acquisition method, or funding source. These two departments also administer general ledger control funds that reflect the total value of all state-titled and sponsor-titled property.

Unit heads are responsible for the custodianship of property purchased by or assigned to their unit. These responsibilities may be delegated to a centralized unit with consent of Associate Vice President, Controller, and Deputy Comptroller, or delegate.

All employees are responsible for exercising reasonable care of system and state property.