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17.H • ReportsSNYDER ISD (Scurry County)

Update Policy CFB (LOCAL) Presenter: Robert Helms Description: CFB (LOCAL) The Capitalization threshold for purposes of classifying individual capital assets shall be $10,000 effective 9/1/2025. The Superintendent shall determine the capitalization threshold for a group of assets, the individual cost of which does not exceed the capitalization threshold above, but for which the cost in the aggrega

Presented in: SNYDER ISD Board of Trustees Regular Meeting on 2026-03-12
Meeting Agenda PDF

Staff Report & Agenda Item Details

17.H. Update Policy CFB (LOCAL) Presenter: Robert Helms Description: CFB (LOCAL) The Capitalization threshold for purposes of classifying individual capital assets shall be $10,000 effective 9/1/2025. The Superintendent shall determine the capitalization threshold for a group of assets, the individual cost of which does not exceed the capitalization threshold above, but for which the cost in the aggregate is significant.