Rev 2005.09 — Function: Capital Outlay

Expenditures
related to capital outlays shall be classified into the following accounts:
(a) Account
4901, land and improvements, classification shall be for expenditures related
to:
(1) The
acquisition of land for future use; or
(2) Land
purchased for conservation purposes not allocated to other functions;
(b) Account
4902, machinery, vehicles, and equipment, classification shall be for
expenditures related to the acquisition of:
(1) Vehicles;
and
(2) Equipment
not allocated to other functions;
(c) Account
4903, buildings, classification shall be for expenditures for public buildings
not allocated to other functions related to the:
(1) Acquisition;
(2) Repair;
(3) Renovation;
(4) Reconstruction;
or
(5) Construction;
and
(d) Account
4909, improvements other than buildings, classification shall be for
expenditures related to capital project activity that is not otherwise
classified.
Source. #10675, eff 9-24-14 (from