Software is a supply. Can it be expended from PPEL?
Even though a supply, software meets the definition of technology in the Declaratory Order. Software can be either a stand-alone technology purchase or part of the bundled cost with the acquisition of a technology unit. On page 93 of the Declaratory Order, the Department stated that the only software not eligible to be purchased from PPEL is software that is educational or instructional.
The costs associated with the software package will be coded as a supply; however, if the costs meet the capitalization criteria of GASB 51 (intangible assets) and the district’s capitalization threshold, the costs may be capitalized for the entity-wide statement in the audit.