A fixed asset is something you buy today that will benefit you tomorrow.

What needs to be capitalized?
  • Equipment/furnishing purchases $5,000 and up (per unit) that has a useful life of 3 years or more.
    • Also includes software licenses, motor vehicles, and golf carts
  • Capital construction projects including:
    • New Buildings
    • Building renovations that modify the building structure, changes its intended use, and/or increases the useful life of the building
    • Campus land improvements  
Capital Object Codes

71197    Building remodeling 
71198  Minor construction 
71210  Books, periodicals, and media 
71220  Books and periodicals-special 
71391  Research equipment 
71392  General instructional equipment 
71393  General office machinery and equipment 
71394  General furniture and furnishings 
71395      Motor vehicles 
71396  Machinery and tools 
71397  Golf carts 
71398  Security/surveillance systems 
71399      Portable equipment 
71492  Information tech. instructional 
71493  Information tech office machinery & equipment 
71494  Capitalizable software 
71495  Information tech network equipment 

Click Here for Fixed Asset Addition Request Form

The following forms are only used by Facility Services Project Managers.

Click Here for Capital Project Request Form
Click Here for Capital Project Change Request Form

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