GASB
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The Washington County GASB Accounting Office
was established in October of 2004, pursuant to the
implementation of the Governmental
Accounting Standard
Board's (GASB) changes in governmental
reporting of assets in 1999. Our GASB Accounting Department is a
specialized accounting department concerned primarily with
tracking and reporting the county's fixed assets. Those assets
fall into three major categories which include machinery and
equipment, real property, buildings and other improvements to
land and infrastructure. Infrastructure includes roads, bridges,
drainage systems, water and sewer systems, and lighting systems.
Our GASB Accounting Specialist is
responsible for establishing inventories and valuations for each
of the three categories of fixed assets. These inventories and
valuations have to be researched extensively and compiled
into databases for use in the county's annual financial reports,
as well as internal reports. Our county's infrastructure is
being reported using the Modified Approach. This requires the
establishment of a management system for infrastructure assets
and standard operating procedures. The accounting specialist
must coordinate with Public Works and County Engineers to
establish this system and procedure. Use of the Modified
Approach in reporting infrastructure requires the establishment
of minimum condition levels for the infrastructure. Once
established, the infrastructure network must be inspected and
rated at least every three years. Additional duties include
coordinating auto and inland marine insurance changes and other
related insurance issues. This office is also a point of contact
for public inquiry for current county road lists and general
county-owned property inventory information.
Chipley, Florida 32428
EMAIL:
Under Florida law, e-mail addresses are public records.
If you do not want your e-mail address released in response
to a public-records request, do not send electronic mail to this entity.
Instead, contact this office by phone or in writing.”
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This site created by:
Washington County Computer Department This page last updated Monday August 23, 2010 |
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