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.
Fixed assets, also known as property, plant and equipment (PP&E), are tangible assets that a company expects to use for more than one accounting period. They are part of the non-current assets of an entity, and are different from cash and other current assets that will be used up within the accounting period.