Statutes, codes, and regulations
Washington Administrative Code
Title 388 - Social and Health Services, Department ofDEVELOPMENTAL DISABILITIES SERVICESChapter 388-835 - ICF/ID program and reimbursement system
CAPITALIZED COSTS AND DEPRECIATION
Section 388-835-0470 - What requirements apply to capitalizing equipment, including furniture and furnishings?

Wash. Admin. Code § 388-835-0470

Download
PDF
Current through Register Vol. 24-12, June 15, 2024
Section 388-835-0470 - What requirements apply to capitalizing equipment, including furniture and furnishings?

A provider must capitalize equipment, including furniture and furnishings according to the following table:

Equipment, including furniture and furnishings

Historical cost

Useful life

For settlement purposes beginning January 1, 1881 and for rate setting purposes beginning July 1, 1982

At least $500 per item

At least one year from date asset is put into service

For settlement purposes beginning January 1, 1990 and for rate setting purposes beginning July 1, 1990

At least $1,000 per item

At least one year from date asset is put into service

For settlement purposes beginning January 1, 1996 and for rate setting purposes beginning July 1, 1996

At least $500 per item

At least one year

Wash. Admin. Code § 388-835-0470

Statutory Authority: RCW 71A.20.140. 01-10-013, § 388-835-0470, filed 4/20/01, effective 5/21/01.