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Westfield, IN Code of Ordinances
CITY OF WESTFIELD, INDIANA CODE OF ORDINANCES
TITLE I: GENERAL PROVISIONS
TITLE III: ADMINISTRATION
TITLE V: PUBLIC WORKS
TITLE VII: TRAFFIC CODE
TITLE IX: GENERAL REGULATIONS
TITLE XI: BUSINESS REGULATIONS
TITLE XIII: GENERAL OFFENSES
TITLE XV: LAND USAGE
TABLE OF SPECIAL ORDINANCES
PARALLEL REFERENCES
§ 37.066 CAPITAL ASSET THRESHOLD TABLE FOR CAPITALIZATION/DEPRECIATION.
Type
Threshold Amount
Type
Threshold Amount
Land
Purchase price/capitalize only
Land improvements
$50,000
Buildings
$100,000
Building improvements
$100,000
Improvements
$35,000
Construction in progress
Capitalize only
Infrastructure
$1,000,000
Vehicles
$5,000
Machinery and equipment
$5,000
 
(Ord. 22-44, passed 10-24-2022)

Disclaimer: This Code of Ordinances and/or any other documents that appear on this site may not reflect the most current legislation adopted by the Municipality. American Legal Publishing provides these documents for informational purposes only. These documents should not be relied upon as the definitive authority for local legislation. Additionally, the formatting and pagination of the posted documents varies from the formatting and pagination of the official copy. The official printed copy of a Code of Ordinances should be consulted prior to any action being taken. For further information regarding the official version of any of this Code of Ordinances or other documents posted on this site, please contact the Municipality directly or contact American Legal Publishing toll-free at 800-445-5588.

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