6.1.2 Implications for the FICM

Chapter 2 of this manual encourages institutions to inventory all physical plant assets including those that are not within the definition of a building (i.e., infrastructure). Items within the infrastructure inventory represent those campus elements that directly service and support buildings, such as water, electricity, steam, sewage, telephone, and data systems, and those elements that support campus activities, such as roadways, athletic fields, street lighting, spectator stands, plazas, parking lots, signage, walkways, emergency phones, and certain types of vehicles. As suggested in chapter 2, institutions also may want to maintain records on land holdings, capital equipment, and movable equipment. GASB is not prescriptive in stating how these assets and records are to be tracked or maintained.