Spending on operating expenses, by contrast, impacts reported profit and taxes on earnings only in the single reporting period they are incurred. Deciding what can and what cannot be called a capital expenditure, therefore, often requires knowledge of local policy and local tax laws.
College of the Siskiyous. College of the Siskiyous (COS) is a public two-year community college with campuses located in Weed and Yreka in Siskiyou County in Northern California. It is part of the California Community Colleges System, serving as the northernmost college in the state of California and the only college in Siskiyou County.
The district covers 186 square miles (480 km2) of land. Cypress-Fairbanks ISD is part of the taxation base for Lone Star College System (formerly North Harris Montgomery Community College District). As of August 2016, the district had 88 general-purpose campuses (fifty-four elementary schools, eighteen middle schools, twelve high schools, and four special program facilities).[2]