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From page 21... ... 21 CHAPTER 5 CASE STUDY INTERVIEW QUESTIONS AND RESPONSES This chapter presents the survey dialog and the responses recorded from each of the six case study interviews conducted. The questions are listed in the order they were asked with the response following each question. Read the entire page →
From page 22... ... Topic 3: Basic Decisions (Survey Question Reference 25) : You indicated that the paramount factor in your agency's decision to select the modified approach was consistency with the department's asset management philosophy. Read the entire page →
From page 23... ... We did use deprecation for ramps and buildings due to the lack of asset management information. Topic 7: Condition Targets (Survey Question Reference 31) Read the entire page →
From page 24... ... Topic 13: Capitalization (Survey Question Reference 38) : You indicated that project costs are accrued and capitalized each year. Read the entire page →
From page 25... ... Topic 4: Selection of Approach (Survey Question Reference 2) : You noted that in selecting the depreciation approach, you did not seriously consider the alternative. Read the entire page →
From page 26... ... Topic 6: Challenges (Survey Question Reference 7) : You indicated that the modified approach is more challenging to implement. Read the entire page →
From page 27... ... As noted at 14 and 43 above, we reported actual expenditures in the Department's financial statements for the period starting in the mid 1960s to the early 1990s which together with current expenditure records, allowed us to determine the historical costs of our highways. Topic 15: Book and Replacement Value (Survey Question Reference 50) Read the entire page →
From page 28... ... its asset management system is not yet complete for secondary roads and b) the modified approach will reveal the cost to preserve. Read the entire page →
From page 29... ... As noted at 31 below, the Pavement Management System also has condition data that serve as a quality control check. Topic 4: Selection of Approach (Survey Question Reference 2) Read the entire page →
From page 30... ... Topic 6: Challenges (Survey Question Reference 7) : Unlike many states, you didn't indicate that the modified approach is more challenging to implement. Read the entire page →
From page 31... ... Topic 15: Historical Cost (Survey Question Reference 41) : You indicated "AASHO: The First 50 Years" and financial statements as your basis for estimating historical costs. Read the entire page →
From page 32... ... This improved understanding has carried over into other activities. Topic 20: Resource Allocation (Survey Question Reference 35) Read the entire page →
From page 33... ... Topic 3: Basic Decisions (Survey Question Reference 25) : You indicated that the paramount factor in your agency's decision to select the depreciation approach for selected assets was the availability of information and the ability to separately identify assets. Read the entire page →
From page 34... ... Topic 7: Condition Targets (Survey Question Reference 31) : GASB requires that you specify annual targets for condition and planned budget expenditures for infrastructure assets. Read the entire page →
From page 35... ... Topic 11: Asset Classes (Survey Question Reference 18 and 28) : You indicated five asset classes. Read the entire page →
From page 36... ... Topic 18: Condition Targets (Survey Question Reference 44) : In response to question #44, you indicated that condition assessments will be used to aid in budgeting & funding 36 requests and strategically allocating dollars. Read the entire page →
From page 37... ... Topic 2: Outside Inquiries (Survey Question Reference 6) : To elaborate further on Question #6, has the DOT received 37 any inquiries or questions from the public, legislature, or other interested parties regarding the new information presented in its financials? Read the entire page →
From page 38... ... Topic 6: Challenges (Survey Question Reference 7) : You indicated that the modified approach is more challenging to implement. Read the entire page →
From page 39... ... Previously, the 1980–1993 period data had been summarized only by preliminary, ROW, and construction costs "phases." The 1994–2001 period data had been summarized at a detailed object cost level, making the conversion to asset class costs somewhat easier. Topic 15: Book and Replacement Value (Survey Question Reference 50) Read the entire page →
From page 40... ... These kinds of discussions rarely occurred before the GASB 34 implementation. Topic 19: Implementation Costs (Survey Question Reference 12) Read the entire page →
From page 41... ... See further comments at question 44 below. Topic 3: Basic Decisions (Survey Question Reference 25) Read the entire page →
From page 42... ... Topic 8: Condition Targets (Survey Question Reference 31) : GASB requires that you specify annual targets for condition and planned budget expenditures for infrastructure assets. Read the entire page →
From page 43... ... Topic 9: Additions and Retirements (Survey Question Reference 1) : Your response regarding the difficulty in accounting for additions to and retirements of infrastructure assets is significant. Read the entire page →
From page 44... ... Topic 14: Capitalization (Survey Question Reference 38) : You indicated that project costs are capitalized based upon construction costs accrued each year. Read the entire page →
From page 45... ... Topic 19: Communications (Survey Question Reference 35) : You indicated significant improvement in communications among the various offices within DOT. Read the entire page →

From page 21...

... 21 CHAPTER 5 CASE STUDY INTERVIEW QUESTIONS AND RESPONSES This chapter presents the survey dialog and the responses recorded from each of the six case study interviews conducted. The questions are listed in the order they were asked with the response following each question.