Policy
Infrastructure assets are long-lived capital assets that normally are stationary in nature and normally can be preserved for a significantly greater number of years than most capital assets. Examples of infrastructure assets include roads, bridges, tunnels, drainage systems, water and sewer systems, dams, and lighting systems. Infrastructure assets acquired prior to July 1, 2001 may be classified as part of other capital assets (e.g., buildings).
Procedures
N/A
Accounting Guidance
N/A
Related Documents (Memos/Forms)
N/A
Revision History
- 1/26/2017 - Updated Related Documents information
- 6/30/2017 - Minor edits
- 1/17/2025 - Formatted for new ncosc.gov website
Policy Owner
Statewide Accounting