Agenda - 12-03-2001-8f - Laserfiche WebLink

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Anvlysls of a0 mennee We will assis[ me Cows m cwrylelmg sh<GASD 34Arelysis ofRevenues lemplakthat was developwldusing om GA5994 storm amassment The delnremM1le fa fhismojectwill he Ihecornp!eled sempam `sevlcirg wt v9 ro=enuus betwaev5rvuzl avd pmgam. Comoktlatlon of iodivltloal deparhnenl spreadsheals Dwing ow uliliel GASG 34 mwssmwl our mnew liioa[ed ket the GOwly didnotbuve mpiml vssdsaccumnlamd into ane document. Om revinv indicated thus evpiml vseem were being mvinmined on axed eprcedehe<m by indiv~dosl dcperunwm. The delivmable for Mis prOjeIX wi11M the cooaolidatiw ofall dapastmemal capital asttb spcwdshcaa isle enc dowmcvs plus thevddilien o[theland wdbuildivg detail. Development of lantl delvl antl mmb4ahmm[o[pnrchaae dam Our review of oapiml aeecm indicated that land lM1n is amrently ownetl by the Cepnty is nos mcorEed In [he celnml saetrecoNS. The COwty has rcovitletl ma with a tlelvl N all lwd tM1a[is owvedby Me COnnty as ef]we3Q 2110E Tha tlel{vervbk frn tMS pryers will be to go Ihrovgb the reeordo 4TMOVIAeA by the Convry avd iisospomse all oFIM1e lend cwnadby Ne Cowt lab lM1C wpilal assns reamds. Baeetl upon ow review of ILC dwd of kuns we will also eamblisM1 original wstvalma andthe date land wac plazedin service. Allocation oNUJdiuR mst and ertablishmeul orpm<hase date Oorrc woRM1<cepiml asenrcepw indicated that the CnwrydidrotM1eve ademil listin6ofM1uildinga named. The uielwg recede had a lump eum balance fm all buildwge slut have hem purchaeetl ovm the years. ILC Cwnry lue provided us wishe detail of all buildings oxmedby the Cowry as eCJwe 30, 2001. The dehvasble Cm I)us mojoct will be w gu ttwugh WerecoNs muvided by Ne Cowt and allocate the existing cos[rexorded in she capial asset xoNaM1Mmm all nfine baildinga. We will alsoreviewtM1e deed efbuah avdwill esvblisT tM1e date eachbwldwg wasPmeN in service. necomvneupn armiaainR capita, assn renpma Omrtvicwofcapiml zest,rcemda indicatN that the COUmy M1ed lmnp sore bvlmma foreapiml maeb acgwrd prim to a specific date. Our d<tivenbl< wJl be to ge trvoapp slss capial sore records sod allomk sMec Iwip swr M W cm betwew exsting assns. Eamb4bhmealof eelimaletl uae1L11Wes Once sll alma capial asaeb mcordslmve been esmbtished, we will assist she Cowry iv esmblislting she r_aimemd useful lives for each category of ease. Utce a policy bas hem esmblish<d, we will mcmporak due data mw the capital assess eubaidiary 1Wger. Compum4on ofbegwoiug of she yesseeeumomtW deprenetlon Onm axbave accumulamdall oftlss dam rmuved Im die mPiml sssn subsidivy ledgm,.wc wW calculme endrwnd begiwing afshe y®r wcumulatal depreciefionbelwc<s. Go Pond mapplnl9 (Snttware Reed by Auditors) Since the Cowty is m fie process of selecsivg anew genersl ledge acww[ing system, tk Cowry hm elmsed a sae GU FmWinshe inlmmWaccumomk dle dam necemvsybproduce dse govemmmtwid<f cial amtcmmb, Olv del{vnablefm rM1G pro]mt will beta go tlueugh Me ]orm 30, ]AOI Visl balance wdmap tM miadug geugal I~gm accowm vo Ihal the detail iNmmaYw can be sorrM as required to produce me govemmens wide f enciel stamm<nb for Swe 30, 2002.