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Statewide Property Inventory started in 1989 per legislation 11011.15, to begin a pro-active approach to managing the State’s Real Property assets in a computerized format. Having the information in an electronic format makes it available to top level decision-makers considering options for the best use of these assets. The Statewide Property Inventory is mandated to capture detailed information on the following: land owned and leased by the state, structures owned and leased by the state, property the state leases to the private sector. Statewide Property Inventory was established in 1988 by legislative mandate. Leases were added in 2004 by executive order. Data is updated annually by the agencies.