General Property Information
Regulations concerning the responsibility for record maintenance and control of all permanent property of Wichita State University are from K.S.A. 75-3729.
|
Description |
Capitalization Threshold |
|
Equipment and Furnishings |
$5,000 |
|
Vehicles |
$5,000 |
|
Land |
$100,000 |
|
Building and Improvements |
$100,000 |
|
Intangible – Software |
$250,000 |
|
Intangible - Other |
$250,000 |
|
Land Improvements |
$100,000 |
|
Leasehold Improvements |
$100,000 |