Capital Definition
2008/09
Budget



The capital threshold limits have not increased/changed. The limits are the same as the 2007-2008 budget process. Some terminology has been updated.

Computer Capital - $5,000 Threshold:

  1. Computer capital is for computer items that are above $5,000 that are not covered under the College's renewal program. If you have a question about computer coverage for your area, please call ITS @ 4-1000, or access the information at ITS Technology Renewal site.

Regular Capital - $2,000 Threshold:

  1. Any single piece of non-computer equipment purchased costing more than the $2,000 threshold amount.
  2. A combination of non-computer items (components) totaling more than $2,000, which are necessary to make a single piece of equipment that has a specific purpose.

Small Equipment - Single items that fall under $2,000 Threshold:

  1. Requests for equipment costing less than $2000 or computer equipment costing less than $5,000. Departments submit requests for these funds at the divisional level since Deans and Vice Presidents are allotted funds for such purposes.