Issue Date:
Revised Date: 2002-09-01

Object Type

Cash — Real Property

Reference

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

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)

Note

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 20
USAS Title RP-INFRASTRUCTURE/TELECOMMUNICATIONS-CAP
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 13 – CAPITAL OUTLAY