Issue Date: 2001-09-01
Revised Date:

Object Type

Cash — Maintenance and Repair

Reference

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

Description

To record payment for improvements made to leased buildings. Total cost must be less than $100,000.

Note

  • This code is used to record improvements or additions that will revert to the lessor at the expiration of the lease.
  • Moveable equipment or office furniture that is not attached to the leased property is not considered a leasehold improvement.

USAS Values

Appropriation Year 20
USAS Title LEASHOLD IMPROVEMENTS-EXPENSED
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 14 – REPAIRS AND MAINTENANCE