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98 Local Agency Audit of Hwy Trust Funds
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98 Local Agency Audit of Hwy Trust Funds
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Last modified
1/27/2009 11:09:24 AM
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12/4/2008 1:35:20 PM
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PW_Operating
PW_Document_Type_ Operating
Reports
PW_Division
Administration
GL_Fund
131
GL_ORG
8990
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Local Agency Audit
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- y4k~y~~i9~~' <br /> r <br /> Y? <br /> ~ ~ <br /> 8 <br /> We strongly support this recommendation. <br /> D. Establish Administrative and Indirect (Overhead) Criterion <br /> We look forward to participating in a cooperative discussion of how to evaluate ratios of <br /> administrative and indirect costs. We have some concerns regazding the difficulty of this task <br /> and the potential costs to local government. <br /> E. Allocation Procedures for Administrative and Indirect (Overhead) Costs <br /> We support the process of cooperatively identifying standardized definitions of administrative <br /> and indirect costs, but believe that we must be cognizant of the costs unposed and the additional <br /> requirements we place on local governments (particulazly the smaller entities). <br /> F. Formalize the use of Commingled Funds <br /> We strongly support the audits finding that commingling of monies for roads and street programs <br /> <br /> makes good business sense <br /> Thank you for your consideration of our comments and it has been a pleasure working with Jim. <br /> Sincerely, <br /> r ,n <br /> ! ~ ~ f <br /> . <br /> <br /> David Baz nberg <br /> Senior Staff Associate <br /> _ _ <br /> <br />
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