SPA Process User’s Guide –
Chapter 6 – Deleting Property and Funds
Disposal Method 25 (Leasehold Improvements)
This disposal method is used to dispose leasehold improvement property involving a third party (not a state agency) that has been fully amortized.
To use this disposal method, property must be in class code 091 – leasehold improvement.
- Access the Disposal of Property (PADLET) screen on the Main Menu.
- Enter the property and component number in the corresponding fields. Press Enter.
- Enter disposal method 25 in the
DISPOSAL METHODfield. Press Enter.
- Enter the disposal date in the
DISPOSAL DATEfield (using MM-DD-YYYY format)
- Enter the proceeds amount, if any.
- Press Enter. The message Press F4 To Continue Or F5 To Cancel appears.
- Press F4. The message Information Has Been Deleted appears.