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| Effective: 7/1/2011 |
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PCS Manual Revision NoticeD |
| Policy | Summary of Change |
| PCS 004 Definitions |
Revision of Policy
Revised “Fabricated Equipment” definition |
| PCS 101 Capitalization of Property |
Policy Deleted
Information in policy reorganized into three separate policies |
| PCS 101 Plant Acquisitions |
New Policy
Created from information previously included with PCS 101 |
| PCS 102 Equipment Acquisitions |
New Policy
Created from information previously included with PCS 101 |
| PCS 103 Remodeling and Other Building Costs |
New Policy
Created from information previously included with PCS 101 |
| PCS 104 Intangible Assets |
New Policy
Provides guidance for valuing and recording intangible assets in accordance with GASB Statement No. 51 |
| PCS 703 Records Storage and Destruction |
Revision of Policy
Added information regarding a Notice to Preserve Evidence from the Office of General Counsel |
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