What is Operation and maintenance of plant (GASB form prior to FY2010) ?
Operation and maintenance of plant (GASB form prior to FY2010) meaning A functional expense category that includes expenses for operations established to provide service and maintenance related to campus grounds and facilities used for educational and general purposes. Specific expenses include utilities, fire protection, property insurance, and similar items. This function does not include amounts charged to auxiliary enterprises, hospitals, and independent operations. Also includes information technology expenses related to operation and maintenance of plant activities if the institution separately budgets and expenses information technology resources (otherwise these expenses are included in institutional support). GASB institutions have these expenses charged to or allocated to other functions.Term used for GASB institutions in the Finance component prior to Fiscal Year 2010 (expenses – GASB unaligned form)
reference: IPEDS Data Collectrion System – Glossary