Implementing GASB 34
MTAS was asked for help in estimating the life expectancy of buildings and equipment.
Accounting--Fixed asset Accounting Accounting--Tennessee |
MTAS was asked for help in estimating the life expectancy of buildings and equipment.
Accounting--Fixed asset Accounting Accounting--Tennessee |
MTAS was asked to study the operations of the Johnson City Senior Citizens Center.
Senior citizens Elder care |
The Town of Atoka requested technical assistance from MTAS for the preparation and adoption of its first capital improvement plan. Utilizing a guideline and templates prepared in 2022 by MTAS, Chuck Downham, MTAS Management Consultant, and Kay Stegall, MTAS Finance and Accounting Consultant, initiated the plan preparation process with the Town Administrator and staff. An initial PPT presentation was provided to Town staff outlining the importance of a capital improvement plan and the process that would be followed in preparing a draft plan. Since this was the Town’s first capital improvement plan, it was decided to utilize a five-year planning period initially with the understanding the planning period could be expanded in future years based on long-term capital project needs of the municipality.
Following the kick-off meeting, department heads were given a Capital Needs Worksheet prepared in Excel to identify and prioritize capital projects within their respective department. The Capital Needs Worksheet provided essential information about each capital project including a description, justification, estimated capital cost, estimated operational costs, and prioritization. MTAS consultants worked closely with department heads to ensure completeness of documentation for each capital project including the preparation of detailed project descriptions and sound justifications for every project.
Each department head was requested to identify 3 to 5 capital projects for inclusion in the capital improvement plan for their respective department and to also provide a funding strategy including possible funding source(s) for each project. Each department head submitted their prioritized capital needs worksheets to assemble into a master worksheet containing all capital improvement requests. The master worksheet is organized by department and capital projects are presented in the priority requested by each department head. Data and information from each capital needs worksheet was transposed to the summary worksheet including description, estimated capital expense, estimated operating expense, implementation year, and funding sources.
Some department heads identified debt financing as a possible funding source for certain capital projects involving significant project cost. In order to provide decision-makers with a better understanding of current debt obligations through the planning period and beyond, MTAS consultants prepared a debt summary statement as part of the capital improvement plan summary worksheet. A review of the Town’s adopted debt management policy was also performed and it was recommended the Town consider reevaluating and updating their debt management policy given future capital project needs as identified in the capital improvement plan.
A sample resolution was prepared for consideration by the governing body containing a capital improvement plan policy outlining the process for preparing, adopting, amending and implementing a capital improvement plan. MTAS staff also prepared a draft resolution to adopt the capital improvement plan with the summary worksheet serving as an exhibit to the resolution.
Budgets--Planning Budgets--Capital--Tennessee Budgets--Capital--Municipal Finance--Investments and cash management Finance--Administration Atoka (Tenn) |
MTAS was asked whether the mayor can hire counsel at city's expense to defend certain actions regarding his compensation.
Personnel--Compensation Mayor |
The 113th General Assembly amended the Tennessee Open Meetings Act with two separate public chapters that will impact your municipality. Those public chapters are Public Chapter 213, Acts of 2023 (requires meeting agendas for meetings of the local legislative body to be made available 48 hours prior to the meeting), and Public Chapter 300, Acts of 2023 (requires a public comment period at each public meeting). The summary and comments on both are found in the attached document.
Open meetings--Laws and regulations--Tennessee Meetings--Planning and management |
The Tennessee General Assembly adopted the state budget for fiscal year 2002-2003. Based on this budget, cities can expect to receive the following revenues.
State Shared Revenue.pdf
(85.99 KB)
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Finance Revenue sources Tax collection |
FY2009 annual report to compare the relative cost, efficiency and effectiveness of a set of municipal services by using a collaborative approach with the participating cities, and to set standards and identify "best practices" in municipal government for use and comparison by all Tennessee cities. Per capita average costs of providing police, fire and residential refuse services are presented.
2009 Report FINAL08.02.10.pdf
(2.75 MB)
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Performance measurement Municipal government--Services Municipal government--Administration Athens (Tenn) Bartlett (Tenn) Brentwood (Tenn) Chattanooga (Tenn) Clarksville (Tenn) Cleveland (Tenn) Collierville (Tenn) Franklin (Tenn) Jackson (Tenn) Kingsport (Tenn) |
An ordinance to increase the fee paid to Milan Public Utilities for the collection of solid waste fees each July 1 from 2024 onward, by the rate of inflation as measured by the Consumer Price Index.
Solid waste--Collection--Rates and charges Solid waste--Municipal ordinances |
MTAS was asked whether a town's Municipal Code provision that requires employees running for political office to resign their office or position is constitutional.
Elections Personnel--Laws and regulations |
MTAS was asked whether commissioners may vote themselves an increase in salary.
Personnel--Compensation Personnel--Compensation--Laws and regulations City council |