TANGIBLE CAPITAL ASSETS
| CATEGORIES | THRESHOLDS | |
|---|---|---|
| Land | All land included that is not for sale | |
| Land Improvements | $50,000 | |
| Buildings & Improvements | $100,000 | |
| Leasehold Improvements | $100,000 | |
| Machinery & Equipment | $10,000 | |
| Vehicles | $10,000 | |
| Linear Assets (ex. Roads & Sewers) | Include all | |
| Computer Software | $200,000 | |
Pooled Assets
| $200,000 (opening balance threshold, all subsequent purchases added to ‘pool’) |
Note:
Thresholds will be reviewed annually, or as necessary, to ensure values are appropriately reflecting inflationary considerations and cost factors associated with data collection and maintenance. Any instance of deviation from the application of these thresholds will be vetted with senior Finance staff.