Request Commissioners Court approval of final year-end adjustment for FY 2023. Due to GASB 87 requirements for right to use leases in the amount of $584,875 and GASB 96 requirements for right to use subscription based information technology arrangements of $1,411,893.02. The right to use leases and SBITA’s must be included in capital asset totals for FY 2023. Funding is coming from fund balance. However, there is an offset with the total expenditure amendment for $1,996,768.02 and the total revenue amendment for $1,996,768.02. Please see attached for detail.
Purchasing Department Action
No action by Purchasing.
HR and/or IT Action
Budget Department Action
See attached Budget Amendments from the Auditors Office for end of year processes.
Auditor's Office Action
As per attached.
Commissioners Court
$1,996,768.02 for year-end FY 2023 negative expenditure categories, Auditor.