A fixed/capital asset is an item that has a useful life of several years that is owned by an organization and used, in context of the County, in providing/delivering County services.  Tangible fixed assets include land, equipment, vehicles, furnishings and fixtures.  The County's dollar threshold for such items to be considered fixed assets is $5,000, though the Nursing Home threshold is $500 (for Medicaid Cost Report purposes).  Throughout the year, departments should submit required paperwork and support to the Finance Office for fixed asset additionsÂ  Please refer to the County's Fixed Asset Policy for further details and the Fixed Asset Add - Change Form.