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<br />Policy: <br /> <br />9 4.10 <br />Subject: <br /> <br />Capital cost recovery funds may be used only for items that are being <br />amortized in the regional council's replacement plan. Rule 251.5 - <br />Guidelines for the Replacement and Maintenance of 9-1-1 Equipment <br />requires ACSEC staff to monitor the annual capital recovery costs for <br />consistency with approved replacement plans. Such costs that are <br />determined by the ACSEC staff to not be consistent with approved <br />replacement plans, shall be reviewed and acted upon by the <br />Commission. <br /> <br />Capital recovery acceleration during the close of FY97 <br /> <br />Reference: Opinion and advisory letter from the State Comptroller <br /> <br />Source: <br /> <br />Policy: <br /> <br />94.11 <br />Subject: <br /> <br />July 21, 1997 letter from the State Comptroller <br /> <br />The opinion below assumes the funds being used are appropriated to <br />the commission for fiscal year 1997. <br /> <br />"If [capital recovery] ... funds are to be awarded as a grant and the <br />Commission awards the grant by the end of fiscal year 1997, then the <br />funds may be distributed over the life of the appropriation according to <br />the terms of the grant. Any amounts not awarded by the end of the <br />fiscal year will lapse. We recommend that the Commission expend the <br />funds (for the acceleration of capital recovery] as needed....n <br /> <br />Capital recovery replacement and statement <br /> <br />Reference: ACSEC policy <br /> <br />Source: <br /> <br />Policy: <br /> <br />May 7, 1996 memo from ACSEC to regional councils <br /> <br />Capital Recovery funds are for the replacement of equipment, and in <br />some cases, depending on the plan may go towards upgrade. As funds <br />are identified in the strategic plan, the balance of costs that are needed <br />beyond the original amount set aside in the capital recovery account <br />should be included in the annual strategic plan. Funds that are <br />identified to be withdrawn from the capital recovery account should not <br />be identified as part of another request made during the annual strategic <br />planning period. Funds may be identified but should not be included in <br />the calculation of budget totals and projected use since the costs have <br />already been acquired by the regional council. <br /> <br />ACSEC Policies and Procedures <br />February 1999 <br /> <br />Page 19 <br />