[Controller's Home] [Fiscal Policy Manual]  
OUS Logo
 
OUS Logo
Controller's Division

OUS Fiscal Policy Manual


OUS » Controller's Division » Fiscal Policy Manual » FASOM Section 2
Search for: (enter code, word, or phrase - for example, OPEU)
Tax Reportable

Section 02.11D: Account Codes -- Facilities & Utilities Related (230XX, 233XX, 235XX, and 240XX)

Section 02.11D is comprised of the following subsections:

[1] Utilities

[2] Waste Disposal

[3] Maintenance and Repairs

This section applies to expenditures for maintenance and repairs of buildings, grounds and equipment. These codes are intended for ordinary expenses of a recurring nature applicable to maintenance and repairs, including maintenance contracts. Outside labor charges for maintenance and repair services are included.
23501 Equipment Maintenance and Repairs (tax reportable)
Expenses incurred for minor equipment repairs and maintenance not covered by a maintenance contract. (Minor repairs do not extend the life of the equipment.) This code does not cover modifications that increase the value of the equipment by more than $5000 (see account code 40101 - Equipment). It also excludes expenses charged to Unexpended Plant Fund Operating Reserves. (See account code 23505 -Major Reconditioning of Equipment.)

[4] Rental and Leases

[a] Rentals

[b] Operating Leases

Please report errors or other feedback to cd-a-r@lists.ous.edu

[ Controller's Home ] [ Fiscal Policy Manual Home ]
© Oregon University System, 2005
Search Menu Button OUS Contacts Menu Button OUS Index Menu Button OUS Home Menu Button