CFB(LOCAL) - ACCOUNTING: INVENTORIES

Capitalization Threshold

The capitalization threshold for purposes of classifying capital assets shall be $5,000 on a per-unit basis.

For financial reporting reasons, including federal compliance guidelines, some non-qualifying items shall be capitalized for control purposes or other identified or necessary purposes. The District's chief financial officer or the assistant superintendent of business and support services shall have the authority to make the final determination as appropriate for the District.

Coppell ISD

CFB(LOCAL)-X

LDU 2010.02

DATE ISSUED: 5/10/2010