Brief Description: Revising county road project reporting.

Sponsors: Representative Murray; by request of County Road Administration Board.

Hearing Date: 2/4/04

Staff: Jerry Long (786-7306).

Background:

Since April 1, 1975, counties are to report revenue and expenses into a state accounting system called the Budgeting, Accounting and Reporting System (BARS). The intent of the system is to provide consistent financial data for transits, port districts, airports, rail, transit districts and cities and counties. The data is submitted to the State Auditor's Office annually, is reviewed and is available in May of each year following the year of reporting. Each year the Local Government Advisory Committee reviews and makes adjustments to the chart of accounts.

Summary of Bill:

Corrects obsolete account references in statute along with removing expenditure categories that are no longer utilized. The accounting and tracking of equipment repair costs for equipment is not required. Since 1977 these costs are tracked in each counties equipment rental and revolving fund as required by statute.

Appropriation: None.

Fiscal Note: Not requested.

Effective Date: The bill takes effect 90 days after adjournment of session in which bill is passed.