(tax reportable)
02.11D Facilities & Utilities Related (230XX, 233XX, 235XX, and 240XX)
Code:
23505
Expenditures for major reconditioning of an inventoried piece of equipment. The reconditioning must extend the useful life of the equipment by more than two years. This code is used primarily with Unexpended Plant Fund Operating Reserves but may be used with other funds. Examples include reupholstery of furniture or purchase of a new tractor engine.