State of Texas – Fiscal Management

Manual of Accounts

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Expenditure Object 7520 – Real Property - Infrastructure - Telecommunications - Capitalized
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Object Type: Cash — Real Property
Reference: Specific definitions for capitalized, controlled and expensed asset classifications are located in the SPA Process Users Guide.
Issue Date:
Revised Date: 2002-09-01

Description


To record payment for telecommunications infrastructure whose estimated useful life is more than one year and whose unit cost is equal to or greater than $500,000.These assets should be reported to the State Property Accounting System with a capitalized indicator.

Expenditure code 7520 includes, but is NOT limited to:

  • Fiber Optic Systems (capitalized)
  • Radio Tower (capitalized)
  • Telecommunications Equipment (capitalized)
  • Telephone (pre wiring)
  • Telephone Distribution System (capitalized)
  • Television Tower (capitalized)


Notes


This code does NOT include:

  • Telecommunications equipment -- capitalized (7512)
  • Telecommunication infrastructure -- capital lease (7519)

The following must be included if directly related to the acquisition of the asset; otherwise the cost must be recorded using the appropriate operating expense object code:

  • Freight/delivery services (7286)
  • Consultant services (7239, 7240, 7242)


USAS Values


Appropriation Year 26
USAS Title RP-INFRASTRUCTURE/TELECOMMUNICATIONS-CAP
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 13 – CAPITAL OUTLAY



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