Capital improvement


Also found in: Financial.

Capital improvement

An improvement made to real estate that has an extended lifetime and increases the property’s value, such as new construction, rehabilitation, or replacement of mechanical equipment, as opposed to maintenance work.
References in periodicals archive ?
The Capital Improvement Planning Committee will research department needs and then prioritize the list.
Although working capital improvement programs are frequently led by the finance team, working capital management itself is more than a numbers game.
6 million in capital improvement projects, with the lion's share, $28 million, going for street and highway projects.
Instead, the paper extends one or more existing tax law principles--the "general plan" doctrine of capital improvement and the general principle of cost capitalization.
The Internal Revenue Service disallowed the amended refund claim, stating that the cost basis of the house had to be determined using the exchange rate on the purchase date and when each capital improvement was made.
Both major rating agencies -- Standard & Poor's and Moody's Investors Services -- thoroughly explored all aspects of City Light's finances, including its future capital improvement plans.
Money also will be used to fund several capital improvement projects, including the expansion and upgrade of the 20-year-old Earl Schmidt Filtration Plant.
8 million Capital Improvement Program revenue bonds, Series 1994, underlying credit quality is rated "A+" by Fitch.
The rating upgrade to 'A+' of the city's implied GO rating reflects the recent formulation of a comprehensive capital improvement plan (CIP), declines in the operating tax rate from 7.
South Lake Tahoe has ambitious plans for two new hotels and the largest capital improvement program in Heavenly Ski Resort's 45-year history.
The bonds consist of $41 million General Improvement Bonds, Series 1994, and $990,000 College Capital Improvement Bonds, Series 1994.
While this rule sounds simple enough, its application is not; the question of whether a specific expenditure is a deductible repair or a capital improvement is not nearly so clear and depends on the facts and circumstances of each situation.

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