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Hi Claire, our budget office said library books are only a capitalized asset if an individual item or set of items costs over $5000, so our college is assuming that library goods are not a capitalized asset.
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Curious to hear what others have heard.<br>
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<p style="margin-top:0px; margin-bottom:0px; margin:0in 0in 0pt"><a name="_MailAutoSig"><span style=""><font face="Calibri">Jaclyn Jacot</font></span></a></p>
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<p style="margin-top:0px; margin-bottom:0px; margin:0in 0in 0pt"><span style=""><span style=""><font face="Calibri">Dean of Extended Learning and Workforce Initiatives</font></span></span></p>
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<p style="margin-top:0px; margin-bottom:0px; margin:0in 0in 0pt"><span style=""><span style=""><font face="Calibri">Spokane Community College</font></span></span></p>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> LIBRARYDIR <librarydir-bounces@lists.ctc.edu> on behalf of Claire Murata via LIBRARYDIR <librarydir@lists.ctc.edu><br>
<b>Sent:</b> Tuesday, November 22, 2022 3:38 PM<br>
<b>To:</b> WACTC Library Directors <librarydir@lists.ctc.edu><br>
<b>Cc:</b> Claire Murata <claire.murata@edmonds.edu><br>
<b>Subject:</b> [LIBRARYDIR] Capitalized assets what?!</font>
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<div dir="ltr">Hi all,
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<div>Now that I know that most of you are open tomorrow, I feel emboldened to ask whether you have been asked whether library books are a capitalized asset. Are they? Does this sound familiar to anyone? Thanks! Claire<br clear="all">
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<p style="color:rgb(0,0,0)"><font face="arial, sans-serif"><b>Claire Murata, MLIS</b><br>
Associate Dean, Library and Learning Resources<br>
20000 68th Ave. W., Lynnwood WA 98036 | <a href="https://nam10.safelinks.protection.outlook.com/?url=http%3A%2F%2Fedmonds.edu%2F&data=05%7C01%7Cjaclyn.jacot%40scc.spokane.edu%7Cfc6937429b6f470efc7508dacce2c4ef%7C4dedfefa6bd04442a06c98aed0b4b8da%7C1%7C0%7C638047571584750750%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=M2amqrNLwxWfFCnoq%2FyLkeUbt08zlqOmtNimzzHX3MU%3D&reserved=0" originalsrc="http://edmonds.edu/" shash="un/xlo2jIYnM/vZ1eD48pH2Mkyn0mY1BS9yQV1dd/CFegUsXCfRvGe6KwY8lpR9hXFwS29f/CwWppmyvxj6JMojX2wXRMzkIJOj43nxtVYz89U9DEdSk1Nd5RweIzCXKv8eKv+cyl3Zmn1pQEjM3n5ZG/M2x8pyuXVOBDWvRes4=" target="_blank">
edmonds.edu</a><br>
<a href="mailto:claire.murata@edmonds.edu" target="_blank">claire.murata@edmonds.edu</a> | (425) 640-1522</font></p>
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