What Is Capital Improvement?

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Capital improvements are improvements that add value to the property which will consequently increase its useful life (“Capital Improvement”, n.d). In order for an improvement to be classified as a capital improvement it must meet three requirements: increase the value of the property, become a part of the property in a way that detachment would destroy the property, and the intention of the improvement should be a permanent addition (“Capital Improvement”, n.d). Many districts across the United States undergo frequent capital improvement projects to improve the conditions of their schools, however, these improvements can be costly, as a result; leaders in the district are hesitant and take care as to whether these projects will occur taking

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