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Finance proposes Workday‑related changes to county asset policy and higher equipment threshold
5805757 · September 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Finance staff proposed amending the county capital asset policy to incorporate GASB 96 requirements for subscription‑based IT agreements and to raise the equipment capitalization threshold to $10,000, matching several federal standards.
Dan Grady and colleagues in the finance department told supervisors the county's move to Workday will require revisions to the capital asset and capitalization threshold policy. "GASB standard 96, which is subscription‑based IT…
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