Issue Date:
Revised Date: 2004-09-01

Object Type

Cash — Real Property


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.


To record payment for the purchase of land as authorized by law.

When purchasing land with buildings, the cost of the building is coded separately from the land (7342).

Expenditure code 7345 includes, but is NOT limited to:

  • Commissions (purchase of land)
  • Land (purchase)
  • Professional Fees (purchase of land)


This code does NOT include:

  • Land/Highway Right-of-Way (7348).

USAS Values

Appropriation Year 20
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 13 – CAPITAL OUTLAY