Lease Contract for School

							                                                                                ISD #309                                                                 600
                                                              EXPENDITURE BUDGET WORKSHEET                                         EQUIPMENT PURCHASED
Org. Unit (Program):                                                              FOR                                               BUS EQUIPMENT
Program (Dept):                                                     Year:                                                              EQUIPMENT LEASED
Course:                                                                                                                             TECHNOLOGY EQUIP.
Finance:                                                                                                         ELIG. PUPIL TRANSPORTATION VEHICLE
Object:                530, 531, 535, 541, 548, 590
                       530 532 535 548 550 555550                       (Enter Program Name Here)                                   VEHICLES PURCHASED
                                                                             Name of Program



Purchase                                                                     530                                       555          548            550
                       Description (Catalog #, Model #,                                    532 BUS      535 Leased
Order       Qty
                       Color, Size, etc)*
                                                          Vendor / Address   Equipment
                                                                                           EQUIPMENT    equip.
                                                                                                                       TECH.        Pupil Trans    Vehicle
Number                                                                       Purchased                                 EQUIPMENT    Vehicle        Purchased




                                                                    TOTALS        $0.00         $0.00          $0.00        $0.00          $0.00        $0.00


* We will solicit price quotes on each item listed above. BE SURE you specify the details of each item. Those vendors who quote can not
necessarily quote on just the catalog and model number. BE SPECIFIC, so that we order the same specifications you are requesting when
ordering through a different vendor other than the one you have stated.


ISD #309 / Business Affairs                                                       Date:                Prepared by:
AREA:                    Finance
ACTIVITY:                Budget & Accounting                                                 REVISION: 1              BY: CH
SUBJECT:                 Object Description

Capital Expenditures (500 Series)
Generally speaking, capital expenditures consist of costs arising from the acquisition, addition or improvement of sites, building and equipment. An item
qualifies as equipment if all of the following criteria are met:
              1.         it retains its original shape and appearance with use. It has a normal useful life of at least 3 years.
              2.         it is nonexpendable. That is, if the article is damaged or some of it's parts are lost or worn out, it is usually more feasible to repair it
                         rather than replace it with an entirely new unit.
              3.         it represents an investment of money (usually a unit cost range greater than $50-$100 which makes it feasible and advisable to
                         capitalize the item.
              4.         it does not lose its identity through incorporation into a different or more complex unit or substance.
              5.         under a property control system, each item or group of items will be separately inventoried and controlled.

530 Equipment Purchase
Enter expenditures for equipment (include furniture). See general description listed above.

Include initial or supplemental purchase of equipment: a purchase to replace equipment (i.e. purchasing a chair to replace one that is worn out).
Exclude built-in equipment (considered part of the building and so classified) and replacement equipment. Vehicles, library books, and audio-
visual aids which are itemized below are excluded from this code.

Include as equipment such items as computers and peripheral equipment and computer software having a cost in excess of $50. Computer software
costing less than $50 should be budgeted under either instructional supplies (430) or supplies (401).

532 Bus Equipment
Expenditures for equipment that updates pupil transportation vehicles currently in service. Includes two-way communication systems, wheelchair
securement devices, ramps and lifts for handicapped access and conversion of gas fueled engines to alternative fuels.

535 Equipment Leased
Expenditures under installment or lease contract which have terminal date and result in the acquisition of equipment.

548 Eligible Pupil Transportation Vehicles
Enter expenditures for purchase of school buses and mobile units that are eligible for depreciation aid, including delivery and installed two-way comm-
unication equipment costs. If a district owned vehicle is being traded in for a replacement vehicle, the net cost is recorded in this account. Include
expenditures for buses that are reconditioned by the Department of Corrections.

555 Technology Equipment
Record expenditures to purchase technology equipment. Includes comuters and peripheral equipment, cameras, monitors and microphones. Include
telecommunication transmision equipment such as fiberoptic cable, repeaters, transmitters, receivers, and antennas. Classroom management
technological equipment should be coded to an instructional program.

550 Vehicles Purchased
Expenditures for the purchase of conveyances to transport persons or objects that represent additions or replacements to the existing school district fleet.
School bus purchases should be charged to object code 548.
590 OTHER CAPITAL EXPENDITURES
Expenditures for all other capital expenditures not classified above.