102.9 - Statewide Accounting Policy - Infrastructure

Policy Area: Accounting and Financial Reporting
Policy Sub Area: Capital Assets
Authority:  GASB Codification Section 1400
Effective Date: 7/1/2001
Last Revision Date: 6/30/2017
Policy Owner/Division: Statewide Accounting


Infrastructure assets are long-lived capital assets that normally are stationary in nature and normally can be preserved for a significantly greater number of years than most capital assets. Examples of infrastructure assets include roads, bridges, tunnels, drainage systems, water and sewer systems, dams, and lighting systems.  Infrastructure assets acquired prior to July 1, 2001 may be classified as part of other capital assets (e.g., buildings).



Accounting Guidance


Related Documents (Memos/Forms)


Revision History

  • 1/26/2017 - Updated Related Documents information
  • 6/30/2017 - Minor edits