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SCHEV - Equipment Trust Fund

Equipment purchased by Equipment Trust Fund (ETF) is not owned by the University but is tied to a leasing agreement with SCHEV (The State Council of Higher Education for VA). For this reason special restrictions apply. For detailed information regarding Equipment Trust Fund, please see Section 6000 "Asset Control And Management" in the Financial Procedures Manual. Also visit the ETF instructional webpage for information on how to purchase equipment through ETF.

Surplus of Equipment purchased by Equipment Trust Fund

For the following allocation years, ownership has passed to the University. To find out if your item is eligible to surplus, review the table below:

Allocation Year Fiscal Year Number Series
93 1993 - 1994 801879 - 802117
94 1994 - 1995 802120 - 803116
95 1995 - 1996 803117 - 803473
96 1996 - 1997 803474 - 803796
97 1997 - 1998 803797 - 804177
98 1998 - 1999 804178 - 804767
99 1999 - 2000 804768 - 805316
00 2000 - 2001 805317 - 805929
01 2001 - 2002 805930 - 806646
02 2002 - 2003 806649 - 807307
03 2003 - 2004 807312 - 808454
04 2004 - 2005 808455 - 809462
05 2005 - 2006 809463 - 810420
06 2006 - 2007 810421 - 811444

Decal numbers up through 811444 are eligible for surplus. For all surplus equipment please complete an EICR. To schedule a pick-up of computer equipment, please email P.C. Services at pcservices@jmu.edu. For other items please contact Mark Colopy in SURPLUS, 504.568.6931 or email him at colopyma@jmu.edu. Please note: Mark will only pick up items that are considered to be small pick-ups, items that one person can handle.

Decal numbers that fall after 811444 are not eligible for surplus at this time. If you have any questions please contact Diane Hinton 540.568.3748 or E-Mail at hintondf@jmu.edu.

Lost/Stolen Equipment

If an item purchased with ETF money is lost or stolen it must be replaced using department money if the lease agreement has not yet been satisfied. This item must be replaced with a like piece of equipment that costs at least as much as the depreciated value of the original equipment. Please contact the JMU Police Department to file a report for all stolen equipment. Also, for insurance purposes, contact Risk Management at 540.568.7701.