Sharing the Costs of Human Services Transportation (2011) / Chapter Skim
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Appendix E - Depreciation of Capital Expenses
Appendix E - Depreciation of Capital Expenses
Pages 70-71
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From page 70... ...
Both OMB Circulars A-87 and A-122 specifically exclude the cost of depreciation as an allowable expense under federal awards. Language in both circulars is identical, reading as follows: • The computation of depreciation or use allowances will exclude: – The cost of land; – Any portion of the cost of buildings and equipment borne by or donated by the federal government irrespective of where the title was originally vested or where it presently resides; and – Any portion of the cost of buildings and equipment contributed by or for the governmental unit, or a related donor organization, in satisfaction of a matching requirement.
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From page 71... ...
The local transportation organization may have acquired its vehicles under one of the previously listed FTA grant programs; typically, the federal government will pay for 80 percent of the cost of the vehicle. In this example, it would not be permissible for the senior center to pay depreciation or use charges to the transportation agency for the part of the cost of equipment paid for by the federal government.
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