[LIBRARYDIR] Capitalized assets what?!

[Claire Murata]

Hi all,

Thank you for these! I would love to hear other college practices if you
have a chance!

*Claire Murata, MLIS*
Associate Dean, Library and Learning Resources
20000 68th Ave. W., Lynnwood WA 98036 | edmonds.edu
claire.murata at edmonds.edu | (425) 640-1522

[image: college logo]


On Wed, Nov 23, 2022 at 10:06 AM Jacot, Jaclyn via LIBRARYDIR <
librarydir at lists.ctc.edu> wrote:

> 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.
>
> Curious to hear what others have heard.
>
> Jaclyn Jacot
>
> Dean of Extended Learning and Workforce Initiatives
>
> Spokane Community College
> 509-533-8235
> ------------------------------
> *From:* LIBRARYDIR <librarydir-bounces at lists.ctc.edu> on behalf of Claire
> Murata via LIBRARYDIR <librarydir at lists.ctc.edu>
> *Sent:* Tuesday, November 22, 2022 3:38 PM
> *To:* WACTC Library Directors <librarydir at lists.ctc.edu>
> *Cc:* Claire Murata <claire.murata at edmonds.edu>
> *Subject:* [LIBRARYDIR] Capitalized assets what?!
>
> Hi all,
>
> 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
>
> *Claire Murata, MLIS*
> Associate Dean, Library and Learning Resources
> 20000 68th Ave. W., Lynnwood WA 98036 | edmonds.edu
> <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>
> claire.murata at edmonds.edu | (425) 640-1522
>
> [image: college logo]
> _______________________________________________
> LIBRARYDIR mailing list
> LIBRARYDIR at lists.ctc.edu
> http://lists.ctc.edu/mailman/listinfo/librarydir_lists.ctc.edu
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.ctc.edu/pipermail/librarydir_lists.ctc.edu/attachments/20221123/d5baa976/attachment.html>