What is the Total US Government Spending for FY 2017? In FY 2017, total US government spending â federal, state, and local â is âguesstimatedâ to be $7.04 trillion, with federal $4.15 trillion; state $1.72 trillion; local $1.87 trillion. Total Spending Pie Chart for FY 2017.
Fixed equipment are assets which are usually attached and integral to the buildingâs function, although it might have a shorter life than that of the building.
Often classified as fixed assets, or as plant and equipment, your plant assets include land, buildings, machinery, and equipment that are to be used in business operations over a relatively long period of time.