Issue Date: 2009-09-01
Revised Date:

Object Type

Cash — Other Expenditures



To record payment for the purchase of land use rights that have no legal, contractual, regulatory, technological, or other factors that limit the useful life of the land use rights. All permanent land use rights must be capitalized regardless of cost. This code should not be used to record the purchase of land that inherently includes land use rights.

This code includes, but is NOT limited to:

  • Easements - An easement gives one party the right to use the land of another party for a particular or stated purpose.
  • Mineral rights - Mineral rights represent ownership interest in natural resources such as coal, oil, natural gas, and other precious and non-precious metals which are normally extracted from the ground.
  • Timber rights - Timber rights permit one party to cut and remove trees from the property of another party.
  • Development rights - Development rights represent legal entitlement and ability to develop and improve a parcel of land.
  • Water rights - Water rights usually confer upon the owner of riverfront or shorefront property the right to access and use the adjacent water.

Expenditure code 7349 includes, but is NOT limited to:

  • Development Rights - Permanent-Capitalized
  • Easements - Permanent-Capitalized
  • Mineral Rights - Permanent-Capitalized
  • Timber Rights - Permanent-Capitalized
  • Water Rights - Permanent-Capitalized


Land use rights associated with a limited useful life are coded to Land Use Rights - Term (7353).

This code does NOT include:

  • Intangible Assets-Land Use Rights-Term-Capitalized (7353)
  • Intangible Assets-Land Use Rights-Expensed (7355)
  • Real Property-Land-Highway Right-of-Way- Capitalized (7348)
  • Real Property-Land-Capitalized (7345)
  • Real Property-Land Improvements-Capitalized (7346)
  • Real Property-Infrastructure/Preservation Costs-Capitalized (7357)

USAS Values

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