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Ferguson Board raises fixed‑asset capitalization threshold to $5,000

Ferguson Township Board of Supervisors · March 18, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After a public hearing, the board adopted a resolution increasing the township's fixed‑asset capitalization threshold from $2,500 to $5,000 to align with current best practices; the vote was 4–0.

Ferguson Township supervisors adopted a resolution on March 17 raising the township’s fixed‑asset capitalization threshold from $2,500 to $5,000.

Township staff said the current $2,500 threshold had been set in 2013 and that increasing it to $5,000 aligns…

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