From: Mary Ann Van Cura - Thomas Cooley Law School <vancuram_at_mlc.lib.mi.us>
SOLICITING ADVICE/BACKGROUND INFO: Depreciation of Library Materials
Does anyone else depreciate library materials?
Can anyone provide me with a context for depreciating library materials?
I am familiar with depreciation and capitalization of equipment, but
depreciating library materials is unfamiliar to me.
I have been at this institution just over two years.
The library budget for my library has routinely included a line for
depreciation of library materials (i.e. books, periodicals, etc.). This
money is never seen by the library. Rather, it appears as a line item in
the library budget and is kept by the Business Office. I have not been
able to get an explanation I can understand from our Business Office
staff. The amount is sizable, and I want to confirm that we are
depreciating appropriate items.
Thanks in advance for any light you can shed on this topic.
Mary Ann Van Cura
Associate Director for Technical Services
Thomas M. Cooley Law School Library Internet: vancuram_at_mlc.lib.mi.us
P.O. Box 13038 Voice: (517) 371-5140 x637
Lansing, MI 48901 FAX: (517) 334-5715
Received on Thu Jun 05 1997 - 16:24:07 EDT