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HomeMy WebLinkAboutMINUTES - 10091984 - 1.43 4 TO: BOARD OF SUPERVISORS FROM: Phil Batchelor, Contra County Administrator (Costa DATE: October 1, 1984 County SUBJECT: Authorize County Auditor-Controller to Revise Fixed Asset Accounting and Budgeting Policy Resolution 84/ 620 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION Authorize the County Auditor-Controller, with the concurrence of the County Administrator, to revise the County policy defining for accounting and budgeting purposes fixed assets. The fixed asset policy shall conform to the manual of Accounting Procedures for Counties promulgated by the State of California pursuant to the California Administrative Code . BACKGROUND Fixed assets are tangible assets of significant value having a utility which extends beyond the current year. The definition of the fixed assets which are to be capitalized are revised from time to time to reflect current conditions and values. In order to respond to these changes, it is appropriate that the County Auditor-Controller with the concurrence of the County Administrator, be authorized to revise the definition and policies for fixed assets within the provisions of the State manual of Accounting Procedures for Counties. The County established policy for fixed assets shall be followed by all departments . CONTINUED ON ATTACHMENT: YES SIGNATURE: XX RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE XX APPROVE OTHER SIGNATURE(S) on-y- y)7 ACTION OF BOARD ON ';C o r.er - , - APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS 0 03 4 TT , TV UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. County Ad^�inistrator. OctoLer 9 , 1984 CC: Qu.jitor-Cor.tr.ollPr ATTESTED Phil Patchelor Clerk of the Board of County ;'.c':mJ"-'2 S -^rr- . 8u^e/r�i, rs and - RE80LUTION h0 84/62n ( // M382/7-83 BY DEPUTY