Term
Capital Outlay
Also known as: Fixed assets, Capital expenditure, CapEx
Spending on durable physical assets (buildings, equipment, vehicles, infrastructure).
Object code 47100. Major capital projects flow through the CIP. Smaller equipment purchases above the City's capitalization threshold are also recorded here.
In Menlo Park
FY 2027 proposed Capital Outlay in the General Fund: minimal ($20K); most capital activity is in CIP funds.