Project Description
This project is the first phase in the city's program to amend its financial reporting system and documents to comply with Statement 34 of the Government Accounting Financial Board (GASB 34).
With the city's staff, Parsons developed a strategic plan that maps out the basic assumptions and major decisions necessary for plan implementation. Group and individual interviews and site visitations provided the data to document the current asset and infrastructure policies used by the city.
Our report contains GASB 34 requirements, potential impact on the city, and alternatives available during plan implementation. Infrastructure inventory reports were designed and prepared. Infrastructure inventory and utility management recommendations and depreciation choices were included in the report.
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