Court approves postage-meter lease, GASB lease-disclosure thresholds and ratifies Ag Building emergency electrical work
Fiscal Court approved a new postage-meter lease for the sheriff's office (noting a $34.17-per-quarter increase), adopted GASB 87 and 96 lease-disclosure threshold testing at $10,000, and ratified emergency electrical and generator work at the Ag Building performed during an ice storm.
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The court approved a postage-meter lease for the sheriff's office, with minutes noting an increase of $34.17 per quarter compared with the previous lease. Fiscal Court also adopted the State Auditor's recommendation to apply GASB 87 and 96 lease-disclosure thresholds so only leases of $10,000 or more will be tested for detailed disclosures rather than every lease.
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