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Commission requests GAAP waiver, approves Resolution 2026-1
Summary
The board adopted Resolution 2026-1 requesting a waiver of GAAP-based financial reporting under K.S.A. 1982 Supplement 75-1120a through Dec. 31, 2026; the motion passed unanimously.
County Clerk Kristi Whitman presented Resolution 2026-1 regarding Generally Accepted Accounting Principles. The resolution requests a waiver of K.S.A. 1982 Supplement 75-1120a, stating GAAP financial statements are not relevant to the county’s cash-basis budget laws; the board approved the resolution unanimously on a motion by Duke Strobel and second by Alan Kuntzsch.
The resolution requests the Director of Accounts and Reports extend the waiver through Dec. 31, 2026. The resolution text, as recorded in the minutes, cites guidance from the National Committee on Governmental Accounting and the American Institute of Certified Public Accountants to explain the request.
