[CAFR-Contacts-News] Information Request - Estimate of the number of leases at your agency

[HAMILTON Robert W * DAS]

Thanks Lane.

Rob
________________________________
From: FOULGER Lane H * DCBS
Sent: Wednesday, March 27, 2019 9:42 AM
To: HAMILTON Robert W * DAS; cafr-contacts-news at listsmart.osl.state.or.us
Cc: ENGELSON Alyssa * DAS; MARQUETTE Carolina V * DCBS; POON Thomas Y * DCBS
Subject: RE: Information Request - Estimate of the number of leases at your agency

Good Morning,

Attached is DCBS’s lease estimate.

Thanks.

Lane Foulger, Accounting Services Manager
Department of Consumer & Business Services
350 Winter St N.E. Salem OR  97301
P: (503) 947-7906  C: (503) 302-1287

From: CAFR-Contacts-News <cafr-contacts-news-bounces at listsmart.osl.state.or.us> On Behalf Of HAMILTON Robert W * DAS
Sent: Friday, March 8, 2019 2:27 PM
To: cafr-contacts-news at listsmart.osl.state.or.us
Cc: ENGELSON Alyssa * DAS <Alyssa.ENGELSON at oregon.gov>
Subject: [CAFR-Contacts-News] Information Request - Estimate of the number of leases at your agency

Hello CAFR Contacts,

SARS and the implementation team has been hard at work on the implementation of GASB Statement No. 87 Leases. As part of that effort, we’re requesting an estimate (even a rough estimate would suffice at this point) of the number of leases your agency has, by type of asset being leased, as a way to ensure that the chart of accounts will be complete, and to get an idea of how many leases we have statewide.  As a result, it crucial that we receive a response from each agency.

We’d like to know this from two different perspectives: when the state agency is the lessee and when the state agency is the lessor.  The attached Excel workbooks contains a separate tab for each.

It’s important to note that the following types of leases should be excluded from your response:

·         Leases with another state agency;

·         Leases for computer software or other intangible assets;

·         Leases of biological assets, such as timber, living plants, and living animals; and

·         Leases of inventory.

For reference, I’ve attached both GASB 87 and the exposure draft of the implementation guide, which operates as a Q&A on the standard.  As an exposure draft, the implementation guide is subject to change, but I expect the final version to be very similar, if not identical.

We would appreciate a response by close of business on Friday, March 29.

Please send your response to Barb Watson (Barbara.Watson at Oregon.gov<mailto:Barbara.Watson at Oregon.gov>).

If you have any questions, please reach out to Barb.

Thanks very much.

Rob

Robert W. Hamilton, CPA
Statewide Accounting and Reporting Services Manager
Chief Financial Office
Department of Administrative Services
Phone:  (503) 373-0299
http://www.oregon.gov/DAS/financial/acctng

Data Classification: Level 1 - Published

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