6f8d0172_odes_OUS_Controller_s_Division__Banner_Title
[Code▲] 50000 [Definition] NACUBO 453 Operation and Maintenance of Plant Expenses. Although for external financial reporting purposes, this category is required to be allocated to the functional categories, many private institutions still use this category to report functional expenses internally and to capture costs prior to allocation. As a result, this category is neither a functional or natural expense category but is included for informational purposes. The operation and maintenance of plant category includes all expenses for the administration, supervision, operation, maintenance, preservation, and protection of the institution?s physical plant. These expenses include items such as janitorial and utility services; repairs and ordinary or normal alterations of buildings, furniture, and equipment; care of grounds; maintenance and operation of buildings and other plant facilities; security; earthquake and disaster preparedness; safety; hazardous waste disposal; property, liability and all other insurance relating to property; space and capital leasing; facility planning and management; and central receiving. It does not include interest expense on plant related debt. This category includes the following subcategories: [Banner Title] 
Physical Plant Oper & Maintenance
FTVPROG - Program Validation Codes-OUS Controller's Division
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