Fiscal Operations Manual
Section 600: Plant Funds and Fixed Assets
Any project that meets the capitalization requirements shown below in 603-01 must have plant fund(s) established. Costs for these projects cannot be paid from non-plant funds. The Oregon University System’s (OUS) Facilities Division established the FIS Plant Fund Form to provide institutions with a means of establishing a FUND for capital construction, capital improvement and capital repair projects. Due to various requirements, such as legislatively approved capital construction expenditure limitations and OUS Controllers Division reporting to Salem, it is necessary when establishing a FUND for construction projects (8xxxxx) that the document is completed/approved by OSU Facilities Services and sent to and reviewed by both the OUS Facilities Division and the OUS Controllers Division.