Construction Accounting

Capital Projects

  • Capital projects are generally defined as new construction or renovation projects over $100,000.
  • Funding may come from a variety of sources.
  • Projects are generally established in the Plant fund and are assigned a project fund code that starts with a U.
  • Some projects may be less than $100,000 depending on the circumstances.
  • Generally capital projects are planned, prioritized and completed by the Chief Operating Officer and associated support staff.

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