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IssueTallulah Fallsapproved

Tallulah Falls council adopts property and capital asset policy

The new policy sets thresholds for what equipment and infrastructure the town counts and tracks as capital assets.

By NEGA Brief NewsroomLast checked September 30, 2026
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The story

The Tallulah Falls Town Council placed a resolution to adopt a property and capital asset policy on its June 11, 2026 agenda, with the policy defining what counts as a capital asset.

SourcesTallulah Falls Agendas - 06.11.26 RM Agenda - 06.11.26 RM Agenda.docxTallulah Falls Agendas - 06.11.26 RM Agenda Packet - 06.11.26 RM Agenda Packet.pdf

The council unanimously approved the resolution at that meeting. The new policy sets capitalization thresholds of $5,000 for equipment and vehicles and $20,000 for infrastructure.

SourcesTallulah Falls Minutes - 06.11.26 RM Minutes - 06.11.26 RM Minutes.docx

What happened

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Appeared on agenda
proposed

Resolution adopting a property and capital asset policy

Resolution adopting a property and capital asset policy

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Supporting record

AgendaTallulah Falls Agendas - 06.11.26 RM Agenda - 06.11.26 RM Agenda.docxResolution adopting a property and capital asset policy
Appeared on agenda
proposed

Adopting a Property and Capital Asset Policy defining capital assets and their accounting

A RESOLUTION OF THE TOWN OF TALLULAH FALLS, GEORGIA ADOPTING A PROPERTY AND CAPITAL ASSET POLICY, DEFINING A CAPITAL ASSETI

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Supporting record

AgendaTallulah Falls Agendas - 06.11.26 RM Agenda Packet - 06.11.26 RM Agenda Packet.pdfA RESOLUTION OF THE TOWN OF TALLULAH FALLS, GEORGIA ADOPTING A PROPERTY AND CAPITAL ASSET POLICY, DEFINING A CAPITAL ASSETI
Approved
confirmed

Resolution adopting a Property and Capital Asset Policy (new capitalization thresholds)

The new policy establishes capitalization thresholds of $5,000 for equipment and vehicles and $20,000 for infrastructure

Link to this step

Supporting record

MinutesTallulah Falls Minutes - 06.11.26 RM Minutes - 06.11.26 RM Minutes.docxThe new policy establishes capitalization thresholds of $5,000 for equipment and vehicles and $20,000 for infrastructure
Appeared on agenda
proposed

Resolution adopting a property and capital asset policy

Resolution adopting a property and capital asset policy

Link to this step

Supporting record

AgendaTallulah Falls Agendas - 06.11.26 RM Agenda Packet - 06.11.26 RM Agenda Packet.pdfResolution adopting a property and capital asset policy

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