It is important to the maintenance of accurate records that each asset category be precisely defined and that all persons responsible for records maintenance be fully aware of the categorization system. This section further clarifies the asset definitions by major category.
(A) Land, easements and rights-of-way. Specified land, easements, rights-of-way, lots, parcels, or acreage owned by the town or its various departments, boards or authorities, regardless of the method or date of acquisition.
(B) Improvements other than buildings. Examples of town assets in this category are walks, parking areas and drives, fencing, retaining walls, pools, fountains, planters, underground sprinkler systems, and other similar items.
(C) Buildings.
(1) All structures designed and erected to house equipment, services, or functions are included. This includes systems, services, and fixtures within the buildings, and attachments such as porches, stairs, fire escapes, canopies, areaways, lighting fixtures, flagpoles, and all other such units that serve the building.
(2) Plumbing systems, lighting systems, heating, cooling, ventilating and air handling systems, sprinkler systems, alarm systems, sound systems, and surveillance systems, passenger and freight elevators, escalators, built-in casework, walk-in coolers and freezers, fixed shelving, and other fixed equipment are included with the building, if owned. Communications antennas and/or towers are not included as buildings. These are parts of the equipment units that they serve.
(D) Equipment. Equipment includes all other types of physical property within the scope of the capital asset policy not previously classified. Included within this category are office mechanical equipment, office furniture, appliances, furnishings, machinery items, maintenance equipment, communication equipment, Police, Fire, Sanitation and Park Department equipment, laboratory equipment, dogs, horses, vehicles, road equipment, aircraft, emergency equipment, earth moving equipment, text equipment, civil defense equipment, data processing equipment, and zoo wildlife. All supplies are excluded.
(E) Infrastructure. Infrastructure assets are long-lived capital assets that normally can be preserved for a significant greater number of years than most capital assets and are normally stationary in nature. Examples include roads, bridges, sidewalks, streetlights, traffic signals, street signs, drainage systems, and water systems. Infrastructure assets can include structures directly related to the infrastructure. Examples would include rest area facilities and road maintenance structures such a shops and garages associated with a highway system, and water pumping buildings associated with water systems.
(Res. 2021-04, passed 4-26-21)