Finance Department
Fixed Assets
Fixed Assets provides technical accounting and management assistance to City departments in preparation of monthly and quarterly capital projects and asset reconciliations. For external auditors and financial statement notes for the Comprehensive Annual Financial Report, this section coordinates the year-end departmental preparation of project and asset roll forward analyses. Additionally, this section oversees accounting, collections, and other operational support for the City's nuisance abatement and street paving assessments.
Fixed Asset Accounting and Management Procedures Manual
- Section 1 Organizational Responsibilities
- Section 2 Asset Valuation
- Section 3 Multiple Unit Assets
- Section 4 Fixed Asset Classification and Useful Lives
- Section 5 Numbering and Tagging Fixed Assets
- Section 6 Depreciation
- Section 7 Asset Acquisitions
- Section 8 Asset Acquisition by Donation, Confiscation, Condemnationm Eminent Domain, Annexation, or Foreclosure
- Section 9 Constructed Assets
- Section 10 Improvements, Betterments, and Maintenance
- Section 11 Transfer of Fixed Assets
- Section 12 Transfer and Removal of Surplus Property
- Section 13 Retirement and Disposal
- Section 14 Physical Inventory
- Section 15 Periodic and Year-End Procedures and Records Maintenance
- Appendix A Glossary
- Appendix B Forms