Capital
Capital Equipment (185000)
This category includes equipment, furnishings, having an acquisition cost of $5,000 or software having an acquisition of $100,000.00 or more with a useful life of one year or more. Where system components (computer, monitor, and other associated components excluding printers) made to work as a complete unit are purchased together and the purchasing total exceeds $5,000, they should be charged to a capital equipment account. This category is not to be used for the cost of repairs or modifications to previously purchased capital equipment (160021 or 160103).
Movable Equipment
Movable equipment is defined as that equipment which is portable, or that which though affixed to a floor, wall, ground, or other fixed object can easily be disconnected and moved to a new location that which is not considered part of the building systems. Furnaces, ventilation systems, condensate pumps, water fountains, built-in furniture, etc. are considered Affixed equipment and immovable. Window air conditioners, computers, data equipment on racks, computer projectors affixed to the ceiling, modular furniture affixed to the wall, etc. are considered movable equipment.
185101
Classroom/Laboratory/Medical Equipment—Capital
Academic, classroom, laboratory, and medical capital equipment meeting the criteria for movable capital equipment.
185102
Computers/Peripherals—Capital
Computers, computer systems, monitors, printers, and other peripherals meeting the criteria for movable capital equipment.
185103
Office Equipment—Capital
Copiers, fax machines, shredders, and other office machines meeting the criteria for movable capital equipment. Does not include furniture and furnishings (185104).
185104
Furniture and Furnishings—Capital
Desks, tables, credenzas, other furniture, draperies, area carpets, artwork, etc., meeting the criteria for movable capital equipment.
185105
Telephone & Communications Equipment—Capital
Telephone and communications items meeting the criteria for movable capital equipment.
185106
Food Service Equipment—Capital
Appliances, stoves, ovens, refrigerators, freezers, counters, tables, dishwashing machines, etc., meeting the criteria for movable capital equipment.
185107
Maintenance Tools and Equipment—Capital
Tools and equipment used for the maintenance, repair and construction of buildings, grounds, and other equipment and meeting the criteria for movable capital equipment. Includes portable, mobile, and stationary tools; motorized equipment such as utility vehicles, tractors, mowers, generators, welders, etc.; and other equipment such as utility trailers. Does not include motor vehicles such as trucks, cars, etc. (185108).
185108
Vehicles/Airplanes
Automobiles, trucks, and other motorized vehicles normally licensed and designed to be driven on public streets and roads. Includes semi-trailers, street-sweepers, etc.
185199
Other Capital Equipment
Other items meeting the criteria for movable capital equipment and not otherwise or more precisely defined above.
Software—Capital
185201
Software—Capital
Computer software having an individual acquisition cost of $100,000 or more. Includes installation costs and fees paid to vendors for initial training of University staff.
Equipment Lease Purchase Payments—Capital
185301
Lease/Purchase Payments—Capital Equipment
Payments for lease/purchase agreements or installment purchase plans of capital equipment.
Immovable Equipment
185400
Fixed Asset-Capital
Capital Equipment acquisition with a cost of $5,000.00 or more which is not movable and is affixed to infrastructure or building. Examples are, furnaces, ventilation systems, condensate pumps, water fountains, built-in furniture, etc. are considered affixed equipment and immovable.
Land, Building, Capital Improvements (186000)
Land
186011
Land
Costs of land acquisitions, easements, rights of way, surveyor fees for land purchases, title fees, etc.
Buildings
186021
Buildings
Costs of purchase or construction of buildings or additions and betterments thereto. Includes the original complement of fixed equipment.
Fixed Equipment
Fixed equipment is defined as stationary equipment that is necessary to the functioning of a building. Includes elevators, furnaces, water softeners, etc.
186031
Fixed Capital Equipment—Additional
Costs of purchasing and installing fixed equipment that supplements the original complement of fixed equipment.
186032
Fixed Capital Equipment—Replacement
Costs of purchasing and installing replacement fixed equipment.
Debt Payments on Capital Improvements
186041
Lease/Purchase Payments—Capital Improvements
Payments of principal and interest for Capital Improvements including capital leases, bonds, loans, and other forms of debt.
Capital Improvements—Other
186099
Other Capital Improvements
Costs of improvements to land, such as roadways, bridges, parking lots, walks, water, sewage, and drainage systems, landscaping, etc.