State of Texas – Fiscal Management

Manual of Accounts

PreviousNext

Expenditure Object 7342 – Real Property - Buildings - Capitalized
Skip to main content Skip to footer site map

 

Object Type: Cash — Real Property
Reference:

Please refer to AG Opinion JC-170 and Art. VII, Sec. 18(i) of the Texas Constitution for information on certain restrictions on construction and related expenditures with GR and GR-dedicated funds by Institutions of Higher Education.

Specific definitions for capitalized, controlled and expensed asset classifications are located in the SPA Process Users Guide.
Issue Date:
Revised Date: 2004-09-01

Description


To record payment for the purchase of a building as authorized by law. Total cost must be equal to or greater than $100,000.

Expenditure code 7342 includes, but is NOT limited to:

  • Buildings (Costs Required to Place a Building into Operation)
  • Buildings (purchase)
  • Environmental Compliance (Buildings)
  • Guard and Watchman Huts (purchase)
  • Leases (Cancellation or Buyout of Existing Leases)
  • Mobile Home (purchase)
  • Shelters (purchased)
  • Taxes (Payment of Unpaid or Accrued Taxes on Buildings)
  • Trailers (non-portable office space -- purchased)


Notes


This code does NOT include the cost of the land (7345).


USAS Values


Appropriation Year 26
USAS Title RP-BUILDINGS-CAP
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 13 – CAPITAL OUTLAY



Accessibility Policy