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.
23511 Contract Maintenance and Repair - Buildings (tax reportable)
Building maintenance performed under contract and paid to non-institutional personnel or companies. This code covers alterations, space rearrangements and renovations that do not increase the value of the building by more than $100,000, or that do not increase the value of the building by more than 20% of the total cost of the building when the total project cost is greater than $100,000 (see account code
40501 - Buildings).
[4] Rental and Leases
[a] Rentals
[b] Operating Leases
