Thursday, February 13, 2020

GASB 84

02-13-20 -
We are hoping some of you may have already figured out how you plan to report your Human Services-related custodial funds, a big change caused by GASB 84. If so, are any of you willing to share your new custodial fund financial statements with us?

For Olmsted this includes Rep Payee, regional grants (AMHI, Mobile Crisis, FGDM), the Children’s Collaborative, Child Support funds (we accept cash from non-custodial parents and cut a check to the State), and our collections on behalf of the State/Feds (MA, GRH, etc.)

We’d appreciate any help any of you can send our way!

Janet Erickson, CPFO
Controller
Olmsted County Finance
507-328-6463