Skip navigation

Record Retention Schedules

Records Retention.

Lost and Found Property Description, Claim and Disposition Forms

Arranged By:   Chronological
Application Number:   89-23
Item Number:   380.17
 

Purpose:

These forms are filled out as lost items of personal property are received or discovered by the Department of Public Safety.  Such property is reported on the basis of the Department's assessment of its value.  A brief form is filled out for property valued at $50.00 or under.  This form and the actual property have been purged at the end of the semester in which the item was discovered or received. Another short but more detailed report is made for property received or discovered and assessed for a value of over $50.00.  This report briefly describes the events and/or circumstances surrounding the discovery and/or receipt of the item(s) and the processes applied for determining the legitimate claimant and/or owner.  These forms for property valued over $50.00 have been purged with the auctioning of these items after a year of unresolved custody (per provision of Ill. Rev. Stat. 1989, ch. 141, par. 143) or upon the proper disposition of the property via its return to the rightful owner and/or claimant.
 

Procedure:

For property having an assessed value of $50.00 or under, retain in office until the legitimate claimant and/or owner is determined and the property is accordingly disposed of or until the end of the semester in which the item was discovered or received, whichever occurs first, then dispose of providing all audits have been completed under the supervision of the Auditor General, if necessary, and no litigation is pending or anticipated.  For property with a value of over $50.00, retain in office until the legitimate claimant and/or owner is determined and the property is accordingly disposed of or until the lapse of six (6) months of unresolved custody and the subsequent auctioning of the property, whichever occurs first, then dispose of providing all audits have been completed under the supervision of the Auditor General, if necessary, and no litigation is pending or anticipated.

 

Back to Record Schedules