40304
Expenditures for improvements that ready land for its intended use that deteriorate with use or the passage of time. Examples include:
- Parking Lots
- Fencing and gates
- Paths
- Retaining walls
- Tennis courts
- Athletic fields
- Golf courses
Improvements that increase the value by less than $5,000 are coded as maintenance (see account codes 235xx - Maintenance and Repairs). Charges from the Physical Plant and other service activities for land improvements are also included.
Code - Name:
40304-Land Improvements (depreciable)
Data Entry Status:
Y (Yes)
Level:
Level 4
Last Imported Date:
Thursday, December 14, 2017
Account Type Code:
73
Label:
Land Improvements (depreciable)