Assets · Capital Assets
1275 Subscription Assets (SBITA)
Since 2026.10
- What it is
- The right to use vendor-hosted software under a subscription-based IT arrangement.
- Accounting standard
- GASB 96; offset by a subscription liability (2172, 2212).
- Examples
- Multi-year cloud ERP, permitting, or public safety software subscriptions.
- Do not use for
- Month-to-month or short-term subscriptions (5120).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 40 R05.6 Capital assets: SBITA Assets (Subscriber)CAP_SBITA_ASSETS Government-wide item; record in the conversion ledger (980). |
| Government-wide ledger (980) | Form 40 R05.6 Capital assets: SBITA Assets (Subscriber)CAP_SBITA_ASSETS Government-wide item; record in the conversion ledger (980). |
| Enterprise funds (water example) | Form 38 R18.7 SBITA Assets (Subscriber)ENT_SBITA_ASSETS Enterprise or internal service column. |
| Internal service funds | Form 38 R18.7 SBITA Assets (Subscriber)INT_SERV_SBITA_ASSETS Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R15.6 Other Capital Assets Net of DepreciationPEN_OTHER_EE_BEN_TRUST_CAP_ASSETS_NET Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.