Expenditures related to capital outlays shall be classified into the following accounts:

1. (a) Account 4901, land and improvements, classification shall be for expenditures related to:

   1. (1) The acquisition of land for future use; or
   2. (2) Land purchased for conservation purposes not allocated to other functions;

2. (b) Account 4902, machinery, vehicles, and equipment, classification shall be for expenditures related to the acquisition of:

   1. (1) Vehicles; and
   2. (2) Equipment not allocated to other functions;

3. (c) Account 4903, buildings, classification shall be for expenditures for public buildings not allocated to other functions related to the:

   1. (1) Acquisition;
   2. (2) Repair;
   3. (3) Renovation;
   4. (4) Reconstruction; or
   5. (5) Construction; and
4. (d) Account 4909, improvements other than buildings, classification shall be for expenditures related to capital project activity that is not otherwise classified.

Source. #10675, eff 9-24-14 (from Rev 2006.09); ss by #14072, eff 9-10-24