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Res 2000-045
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Res 2000-045
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7/19/2006 4:04:23 PM
Creation date
7/19/2006 4:02:31 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2000-45
Date
2/28/2000
Volume Book
140
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<br />Policy: <br /> <br />~ 4.07 <br />Subject: <br /> <br />In an attempt to address various capital recovery issues, the <br />Commission provided direction that Integrated Workstation equipment <br />be depreciated for a minimum of three (3) years and that other <br />equipment, such as recorders, generators, etc., be recovered on a <br />schedule of five (5) to seven (7) years. The five to seven year <br />depreciation schedule is applicable to backroom equipment and call- <br />taking answering positions. <br /> <br />Capital recovery policy guidelines <br /> <br />Reference: ACSEC policy <br /> <br />Source: <br /> <br />Policy: <br /> <br />~4.08 <br />Subject: <br /> <br />February 6. 1998 letter to regional council <br /> <br />In developing a capital recovery schedule, each piece of equipment that <br />is to be recovered should' be identified along with the original cost. An <br />amortization schedule must be developed and the dates of deposits <br />should be documented along with the identification of the annual deposit <br />itself. This information should be clearly specified in a spreadsheet, and <br />reference made to it in the narrative budgets. <br /> <br />Method of determining capital recovery amount <br /> <br />Reference: ACSEC policy <br /> <br />Source: <br /> <br />Policy: <br /> <br />~4.09 <br />Subject: <br /> <br />August 20, 1997 letter <br /> <br />Questions were raised as to whether the original acquisition cost of <br />equipment or the estimated equipment replacement value should be <br />used in calculating capital cost recovery. Rule 251.5 - Guidelines for <br />the Replacement and Maintenance of 9-1-1 Equipment intends for the <br />acquisition cost to be used in the amortization of the equipment over its <br />useful life. <br /> <br />Use of capital recovery funds and revised FSRs <br /> <br />Reference: Accounting policy <br /> <br />Source: <br /> <br />August 20, 1997 ACSEC memorandum <br /> <br />ACSEC Policies and Procedures <br />February 1999 <br /> <br />Page 18 <br />
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