• Forms
• NCAS
• CAFR Year-End
• CMCS/Central Compliance
• E-Commerce/ SECP
• Central Payroll
• Statewide Foriegn Nationals Compliance Program
• Policies
• Account Classification
• Accounts Receivable
• Capital Assets
• Cash Management
• Central Payroll (Universities)
• Electronic Commerce
• Federal and State Compliance
• Foreign Nationals
• Human Resources Accounting
• Internal Controls
• Payment
• Procurement Card
• Records Retention and Reports Retention
• Revenues and Expenditures
• State Financial Reporting
• Tax Compliance
• Uniform North Carolina Accounting System

Infrastructure Policy

Authority:
GASB Statement No. 34

Effective Date:
7/1/2001

Policy:
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.
The Statewide chart of accounts has been updated to account for infrastructure assets (see Capital Assets Noncurrent ).

Account classification changes for infrastructure are only required to be applied prospectively. Infrastructure assets acquired prior to July 1, 2001 may be classified as part of other capital assets (e.g., buildings).