Sensitive Inventory Items (Small and Attractive Assets) are assets that do not meet the state's capitalization policy but that an agency considers particularly vulnerable to loss, thus subject to special property control. At the University, this includes all weapons, firearms, and permanently attached accessories such as rifles, pistols, flare guns, net guns, tasers, rifle scopes, signal guns, line-throwing equipment, and animal control devices. These must be tagged and inventoried regardless of cost. Proper object codes are listed below:
Chapter 30.40.20 Small and Attractive Assets of the Office of Financial Managements's State Administrative & Accounting Manual (SAAM) requires all state agencies consider items in the 10XX class code series (Weapons, Firearms, Signal Guns, and Accessories) as Small and Attractive (Sensitive) Assets. Otherwise, agencies have discretion in setting their definition of Small and Attractive (Sensitive) Assets as long as a risk assessment (both financial and operational) has been performed to support their determination.
The University of Washington has performed this risk assessment and does not consider any assets, with the exception of items in the 10XX class code series (Weapons, Firearms, Signal Guns, and Accessories), to be particularly at risk or vulnerable to loss. The items in the 10XX class code series (Weapons, Firearms, Signal Guns, and Accessories) are the only ones that should be classified as Small and Attractive (Sensitive) Assets and managed as such.