Issue Date: 2009-09-01
Revised Date:

Object Type

Cash — Other Expenditures



To record payment for the purchase of land use rights that have a useful life limited to periods for which service capacity is expected to exist. Total cost must be equal to or greater than $100,000. 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 7353 includes, but is NOT limited to:

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


Land use rights with a useful life that does not expire are coded to Land Use Rights - Permanent (7349).

This code does NOT include:

  • Intangible Assets-Land Use Rights-Permanent-Capitalized (7349)
  • 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)
  • Real Property-Facilities and Other Improvements - Capital Lease (7337)

USAS Values

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