Posts by Mark Gurvay
Tips for Not Double Counting Capital Projects and Equipment
Example 1: District has a capital project for $2 million which includes a renovation as well capital equipment like kitchen assets. Without knowing that equipment was purchased as a part of the capital project for that year, it is very likely those assets will be double entered. You will then have the total $2 million…
Read MoreDisposals
It is important to track all new capital assets as well as disposals. We ask clients to track anything that is being replaced or thrown out that meets the client threshold. A common example that we see frequently is an addition of a scoreboard. These are mostly capital additions but most of the time the…
Read More