Capital Outlay - Definition & Meaning

Capital outlay in education pertains to expenditures related to acquiring, constructing, or renovating physical assets such as school buildings, facilities, and equipment.
These expenses are considered long-term investments that contribute to the infrastructure of educational institutions.
Capital outlay funds are distinct from operational funds and are often secured through bonds, grants, or dedicated revenue streams.
Effective management of capital outlay is essential to create conducive learning environments, ensure safety, and provide modern educational facilities for students and educators.

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