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.
Non-Capital Equipment. Non-Capital Equipment is defined as âa single item (not invoice) that costs between $1000 and $4,999 that is freestanding and has a use life of one year or more.â Equipment of this type may be put on a Purchase Card or LPO.apital Equipment. Capital equipment is defined as a single item (not invoice) that costs $5,000.00 or more, is freestanding and has a use life of one year or more. Please fill in box #17 on your Requisition entitled âAsset Control Unit #,â for all such purchases.