§ 5.20.090. General fixed assets account group.  


Latest version.
  • General fixed assets account group accounts for all fixed assets of the borough except those related to enterprise funds, internal service funds, and trust funds. The accounting for general fixed assets will comply with generally accepted accounting principles. The director of finance shall establish a capitalization policy for borough fixed assets.

(Ord. No. 2006-30, § 9, 8-15-06; Ord. No. 79-3, § 2(part), 1979; Ord. No. 77-45, § 9, 1978)