Legislation Details

File #: 25-2949    Version: 1 Name:
Type: Discussion Items Status: Agenda Ready
File created: 5/27/2025 In control: County Council
On agenda: 6/3/2025 Final action:
Title: Budget Adjustment: The Mountain American Expo Center Requests to Shift $101,530 from Operations to Capital Purchases for GASB 96 - Subscription-Based Information Technology Agreement (SBITA) Which Reports Capital Outlay on the 2024 Annual Comprehensive Financial Report (ACFR) for Vendor Payments During the Implementation Stage of the Venue and Event Management Software
Attachments: 1. Staff Report, 2. 35813 - SBITA year end updates
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Requested Agenda Date:

6/3/2025

 

Requested Agenda Title:

Budget Adjustment: The Mountain American Expo Center Requests to Shift $101,530 from Operations to Capital Purchases for GASB 96 - Subscription-Based Information Technology Agreement (SBITA) Which Reports Capital Outlay on the 2024 Annual Comprehensive Financial Report (ACFR) for Vendor Payments During the Implementation Stage of the Venue and Event Management Software

 

Requested Agenda Item Description: Required accounting entry for GASB Statement No. 96- SBITA which reports capital outlay on the 2024 ACFR for vendor payments during the implementation stage of a SBITA for fund 182.

 

Requested Action: Discussion - Vote Needed

 

Presenter(s) (with titles): Hoa Nguyen, Council Budget and Policy Analyst   

 

Time Needed: Less than 5 MINS

 

Is this Item Time-Sensitive and/or Requesting a Time-Certain? No

 

Requesting Staff Member: Ashley Perry, Exempt Secretary

 

Are Supporting Documents Needed for this Agenda Item Request? Yes