Well you got me: I admit to not being an accountant.
I'm sure I wouldn't know the difference between an IRS
depreciation schedule and an HVAC schematic.  :)

My post included the words "repairs and upgrades," so
sorry if I muddied the waters of what can officially
be called "capital" and what is "operations." I
wouldn't want my muddy terms to cause anyone to think
that the folks running the library system didn't know
the difference or weren't decent accountants.

Jim Berg
Corcoran Neighborhood

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