HomeMy WebLinkAbout1995-09-11-Resolutions 95-6_Capitalization - Set AmtRESOLUTION 95-6 I
A Resolution setting the dollar amount for capitalization for the City of Waukee,Iowa.
WHEREAS the City of Waukee has a budget as required by law;and
WHEREAS the City Capitalizes certain expenditures to account for depreciation;and
WHEREAS certain expenditures are not significant enough to warrant capitalization;
NOW THEREFORE be it resolved that the City of Waukee hereby establishes the minimum
purchase price of $500 per item for items to be capitalized,and that it will determine a consistent
method of depreciation for like items as they are purchased.
PASSED THIS 11th day of September,1995.
ATTEST ~~Claire L.Chedester,Mayor
Kurt A.Rueckel,City Clerk
1