Improvements intended for long-continued use or possession; e.g., land, buildings, and equipment, etc.
Major construction, repair of or addition to buildings, parks, streets, bridges and other Town facilities. Capital Improvements projects cost $25,000 or more, and have a useful life of more than three years.
A budget unit itemizing the county's acquisitions, additions and improvements to fixed assets, including buildings, building improvements and land purchases.
Improvements made to the property that may increase the market value of the home.
Repair or alteration to a property that increases its value, lengthens its life, or adapts it to a different use.
For land or buildings, improvements (also known as capital improvements) are the expenses of permanently upgrading your property rather than maintaining or repairing it. Instead of taking a deduction for the cost of improvements in the year paid, you add the cost of the improvements to the basis of the property. If the property you improved is a building that is being depreciated, you must depreciate the improvements over the same useful life as the building.
Land, improvements to land, structures (including design, permitting, and construction), initial furnishings and selected equipment (including ambulances, fire apparatus, and library collections). Capital improvements have an expected life of at least three years.
Permanent physical adaptations to a residence which enables an individual to remain and function in that environment.
Improvements made to the value of a property.
Projects undertaken by a city for the purpose of enhancing its ability to deliver important services to its citizens - those services that are essential in the makeup of a city. Capital improvement expenditures are for the construction of streets and public buildings, for purchasing equipment such as fire trucks, for developing parks and recreational facilities and for meeting other basic needs of the community.
An expenditure which adds to the value or useful life of the property. A Capital Improvement is considered a permanent investment that adds to the cost basis of the property. An example of a Capital Improvement would be finishing the basement of a home (Capital Improvements can be important information for an appraiser to consider when doing an appraisal on your home or for a seller/ listing realtor to consider when setting a sales price for a home).
Any construction done to your home that increases the value of your home, extends its useful life and is not done as a repair.
Expenditures that cure or arrest deterioration of property or add new improvements and appreciably prolong its life. By comparison, repairs merely maintain property in an efficient operating condition. (Wurtzebach/Miles)
Improvements on a property that increase its value; also, improvement of public facilities such as streets, sewers, etc.