| Issue Date: | 2001-09-01 |
|---|---|
| Revised Date: |
Object Type
Cash — Capital Outlay
Reference
Specific definitions for capitalized, controlled and expensed asset classifications are located in the SPA Process Users Guide.
Description
To record payment for collections or individual items of significance that are not held for financial gain, but rather for public exhibition, education or research in furtherance of public service. Collections or individual items that are protected and cared for and preserved.
Expenditure code 7369 includes, but is NOT limited to:
- Historical Artifacts
Note
Payments for works of art and historical treasures held for financial gain should use object codes reserved for investments.
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | WORKS OF ART & HISTORICAL TREASURES-CAP |
| Object Group | 10 – Expenditures |
| USAS Status | A |
| Rev/Exp Category | 13 – CAPITAL OUTLAY |