| Due | Task Description | Assigned To | In | Completed |
| Date | Progress | |||
| Pre-implementation: | ||||
| Mar-00 | Implementation Committee Formed | N/A | Mar-00 | |
| Mar-00 | Second meeting of implementation Committee | N/A | Mar-00 | |
| Apr-00 | Expose plan to other County Auditors, request input | Mark W. | Apr-00 | |
| Apr-00 | Develop communications listing of departments, CAO, component units, etc. | Donna | Apr-00 | |
| Apr-00 | Draft communications letters to send to above | Donna/Greg | Apr-00 | |
| Apr-00 | Develop listing of training courses available. Communicate training opportunities | Greg | Apr-00 | |
| Apr-00 | Review debt financing and infrastructure currently reported in CAFR | Betsy/Mark S/Terry | May-00 | |
| Apr-00 | Develop list of customers in a decision matrix showing if and when affected. | Greg/Donna | Apr-00 | |
| Apr-00 | Communication letters reviewed by a layperson and staff members | Group | Apr-00 | |
| May-00 | Committee approves communications letters. Letters sent out | Group | May-00 | |
| Apr-00 | Analyze current fixed asset accounting system. | Mark S | X | continued |
| Apr-00 | Establish and maintain communications with external auditor. | Mark S./Betsy H. | X | continued |
| May-00 | Report to committee results of fixed asset system analysis. | Mark S | May-00 | |
| May-00 | Assess infrastructure cost information available. | Group | Preliminary finished for Roads 5/00 | |
| May-00 | Decision on contracting out for fixed asset infrastructure valuation | Group | Contract not needed, 10/00 | |
| May-00 | Perform Preliminary Assessment of Fund
Types/Trust and Agency Funds |
Group | May-Sept. '00 | |
| Sep-00 | 2nd communication letter drafted to send to entities on communication listing. Discusses Fund Changes. | Donna | Sep-00 | |
| Sep-00 | Communication letters reviewed by a layperson and staff members | Group | Oct-00 | |
| Sep-00 | Committee approves 2nd communication letter. Letters sent out | Group | Oct-00 | |
| Sep-00 | Committee to meet with CAO prior to budget instructions. | Mark W./Mark S. | X | Preliminary discussion held, informally |
| Oct-00 | Above committee meets to discuss how GASB #34 will affect budgeting | Mark W./Mark S./Donna D. | X | Oct-00 |
| Oct-00 | Develop System to Classify Expenditures For Infrastructure and Maintenance (Roads) | Donna D. | X | |
| Nov-00 | CAO & Auditor hold meetings with departments - GASB 34 Budget Affects | Mark/Mark/Donna | x | Nov 00 - March 01 |
| Jan-01 | Budget instructions sent to departments for 2001/2002 incorporating changes | CAO | x | 1/01 |
| Implementation: | ||||
| May-01 | Revise year end instructions to departments | Mark S./Lisa | X | |
| July-01 | Prospective infrastructure reporting implemented | Mark S. | X | |
| June-01 | For enterprise and internal service funds, direct method of cash flow reporting | Various | ||
| June-01 | M D & A developed | Betsy/Mark S. | X | |
| June-01 | Major funds identified | Betsy/Mark S. | X | |
| June-01 | Capture accrual information | Betsy/Mark S. | X | |
| June-01 | Eliminate account groups for financial statement reporting purposes | Betsy/Mark S. | X | |
| June-01 | Review changes in funds: internal service, enterprise, trust/agency, permanent, etc. | Betsy/Mark S. | ||
| June-01 | Allocation of Direct and indirect costs to programs | Bob P/Mark S. | X | |
| June-01 | Restate beginning balances for the cumulative effect of implementing GASB No. 34 | Betsy/Mark S. | ||
| June-01 | CAFR reformatting completed using 99/00 actual numbers | Betsy/Mark S. | X | |
| June-01 | Committee reviews new CAFR reformatting and approves | Group | X | |
| June-01 | Prepare to restate financials for 2000/2001 | Betsy/Mark S. | X | |
| June-01 | Trial "Mock up" of CAFR | Betsy/Mark S. | X | |
| June-01 | Determine content of additional "Required Supplementary Information" | Group | X | |
| May-02 | Revise year end instructions to departments | Mark S./Lisa | X | |
| Post-implementation: | ||||
| July-02 to | First audit completed of new CAFR with GASB #34 implemented | Betsy/Mark S. | ||
| Dec-02 | First audit of new CAFR with GASB #34 implemented | Betsy/Mark S. | X | |
| Dec-02 | Prepare and produce actual CAFR implementing GASB #34 | Betsy/Mark S. | X | |
| 2005/2006 | Retroactively report infrastructure assets | Group | X | |
| Ongoing Tasks: | ||||
| Ongoing | Establish and maintain communications with external auditor. | Mark S./Betsy H. | X | |
| Ongoing | Staff training related to GASB #34 | All | X | |
| Ongoing | Revise implementation plan as needed | Group | X | |
| Ongoing | Continuous communication with other Counties | Mark W./Group | X | |
| Ongoing | Meet to monitor progress of plan | Group | X | |
| Ongoing | Resource assessment, both internal and external | Group | X | |
| Ongoing | Monitor staff training to determine that all required staff receive training | Greg | X | |
| Ongoing | Assess users satisfaction with financial information | Group |