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Capitalization and Depreciation of Infrastructure by State and Local Governmental Entities
Author(s) -
Harris Jean E.
Publication year - 1999
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1046/j.0275-1100.1999.01177.x
Subject(s) - capitalization , depreciation (economics) , state (computer science) , business , finance , economics , computer science , microeconomics , profit (economics) , philosophy , linguistics , algorithm , financial capital , capital formation
Proposals for capitalizing and depreciating infrastructure foreshadow a significant change in financial reporting for state and local entities. Justifications for present practices are examined. Costs and benefits of proposed changes are reviewed. Alternative practices are described.