Section 02.11D: Account Codes -- Facilities & Utilities Related (230XX, 233XX, 235XX, and 240XX)
Section 02.11D is comprised of the following subsections:
- Utilities (230XX)
- Waste Disposal (233XX)
- Maintenance and Repairs (235XX)
- Rentals and Leases (240XX)
[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
