Schedule 3.1 - Capital Expenditures - Moveable Assets

The rows on this form represent the categories that fall within the criteria for asset capitalization as stated in the TCA Guide for moveable type assets (e.g. computer hardware, software, and vehicles). The columns represent the funding sources used to support the capital expenditures. School boards should report their total capital asset expenditures during the year in the appropriate rows and columns.

Note that “Other moveable type assets” includes all other categories not specifically detailed on the form (i.e. 5, 10 and 15 year equipment, furniture, first-time equipping, and leasehold improvements - other).

Additional notes on reporting:

• The School Renewal allocation can only be spent on moveable type assets that are acquired as part of first-time equipping.

• If the minor TCA expenditures are greater than the minor TCA funding, all related expenditures should be reported in col. 8 (Minor TCA) up to the maximum amount of the funding; any excess expenditures over funding would be reported in col. 13 (Other). An error message (Error_SC3.1_1) will be triggered if amounts are entered in col. 13 and an amount is reported at Schedule 5.1, item 10.1, col. 6 in excess of the School Generated Funds amount transferred to committed capital on Schedule 5 (item 4.4, column 2) as a transfer to revenue for Minor TCA. This is an indication that the school board has incorrectly reported some moveable type expenditures as unsupported on Schedule 3.1 before reporting the maximum expenditures in col. 8 (Minor TCA).

• If capital expenditures are funded by school generated funds in accumulated surplus, the expenditures should be reported in column 13 (Other) and not in column 9 (School Generated Funds), as the corresponding revenues were recognized in prior years.

• In the Financial Statements cycle, the expenditures in the columns for School Renewal, POD-Exempted, POD-Other, and CVRIS 80% and 20% are preloaded based on information reported in VFA.

Relationship to other schedules:

• The totals at item 1.6 are loaded to Schedule 3, item 1.3.

• The moveable type assets for Capital Priorities - MCP, Child Care Capital, and EarlyON Child and Family Centre Capital (in columns 2 to 4) are loaded from Schedule 3.2, column 13.3.