Issue Date:
Revised Date: 2001-09-01

Object Type

Cash — Highway Construction Capital Outlay

Reference

Specific definitions for capitalized, controlled and expensed asset classifications are located in the SPA Process Users Guide.

Description

To record payments made by Texas Department of Transportation on contracts for highways under construction.

Expenditure code 7347 includes, but is NOT limited to:

  • Construction of Highways
  • Highways (construction)
  • Retainage Fee (highway)

Note

This code does NOT include:

  • Maintenance and repair of highways (7270)
  • Preservation costs of highway network (7358)

The following services must use this code if directly related to the construction of the highway; otherwise the appropriate operating expense object code should be used:

  • Fees and other charges (7210)
  • Architectural/engineering services (7256)
  • Consultant services -- other (7240)

RESTRICTED: Only the Texas Department of Transportation, Agency 601, may use this code.

USAS Values

Appropriation Year 20
USAS Title REAL PROP/CONSTRUCT IN PROGRESS/HWY-CAP
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 12 – HIGHWAY CONSTRUCTION-CAPITAL OUTLAY