Leasehold Improvements Remaining Life Of Lease Straight Line Term, Including Option Renewals Buildings Thirty Years Straight Line CHANGE TO: Asset Class Useful Life Method Vehicles Five Years Straight Line Office Equipment and Three Years Straight Line Computers Furniture and Fixtures Five Straight Line Leasehold Improvements Three Years Straight Line Buildings Thirty Years Straight Line The correct useful lives for some of the items should be as follows: Improvements to Property 3 years – Furniture & Fixtures 5 years – Equipment 3 years – Computer Equipment 3 – All others should stay the same.
Leasehold Improvements Remaining Life Of Lease Term, Including Option Renewals Straight Line Buildings Thirty Years Straight Line CHANGE TO: Asset Class Useful Life Method Vehicles Five Years Straight Line Office Equipment and Computers Three Years Straight Line Furniture and Fixtures Five Straight Line Leasehold Improvements Three Years Straight Line Buildings Thirty Years Straight Line The correct useful lives for some of the items should be as follows: Improvements to Property – 3 years Furniture & Fixtures – 5 years Equipment – 3 years Computer Equipment – 3 All others should stay the same.
Board-Minutes-12.08.15.docx