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<p class="MsoNormal"><span style="font-size:12.0pt">Hello ACFR Contacts,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">SARS is excited to share that the <b>Capitalization Threshold Increase Agency Guide</b> is now published and available in the Training and Resources section of the SARS website:
<a href="https://www.oregon.gov/das/Financial/Acctng/Pages/Training.aspx">Department of Administrative Services : Training and Resources : Statewide Accounting & Reporting Services : State of Oregon</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Direct link to the guide: <a href="https://www.oregon.gov/das/Financial/Acctng/Documents/Capitalization%20Threshold%20Increase%20Agency%20Guide%20-%20Final.pdf">
https://www.oregon.gov/das/Financial/Acctng/Documents/Capitalization%20Threshold%20Increase%20Agency%20Guide%20-%20Final.pdf</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><img border="0" width="650" height="367" style="width:6.7708in;height:3.8229in" id="Picture_x0020_1" src="cid:image003.png@01DC3458.D336C2A0"><span style="font-size:12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">This guide provides important information about the recent policy change raising the capitalization threshold from $5,000 to $10,000, effective July 1, 2025 (FY26). It includes:<o:p></o:p></span></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNormal" style="mso-list:l0 level1 lfo1"><span style="font-size:12.0pt">Guidance on which assets should be retained or removed<o:p></o:p></span></li><li class="MsoNormal" style="mso-list:l0 level1 lfo1"><span style="font-size:12.0pt">Journal entry examples for capital assets, leases, and SBITAs<o:p></o:p></span></li><li class="MsoNormal" style="mso-list:l0 level1 lfo1"><span style="font-size:12.0pt">FAQs to help clarify common scenarios<o:p></o:p></span></li><li class="MsoNormal" style="mso-list:l0 level1 lfo1"><span style="font-size:12.0pt">A list of relevant GL accounts for disposals<o:p></o:p></span></li></ul>
<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">We encourage all agencies to begin reviewing their capital asset records early to ensure compliance before the close of month 13 in FY26.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">If you have any questions after reviewing the guide, please reach out to Brady Stutzman at
<a href="mailto:Brady.Stutzman@das.oregon.gov">Brady.Stutzman@das.oregon.gov</a> or 971-900-9993.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Wishing everyone a great weekend ahead!<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Valya<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="mso-ligatures:standardcontextual"><o:p> </o:p></span></p>
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Rizzo</span></b><span style="font-size:13.0pt;font-family:"Calibri",sans-serif;mso-ligatures:standardcontextual"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri",sans-serif;color:black;mso-ligatures:standardcontextual">Statewide Accounting and Reporting Services Manager<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri",sans-serif;color:black;mso-ligatures:standardcontextual">Office of the State Controller<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri",sans-serif;color:black;mso-ligatures:standardcontextual">Chief Financial Office<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri",sans-serif;color:black;mso-ligatures:standardcontextual">Cell: 971-900-9991<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-left:13.5pt;text-indent:-13.5pt"><span style="font-size:10.0pt;font-family:Roboto;mso-ligatures:standardcontextual"><a href="http://www.oregon.gov/DAS/financial/acctng"><span style="color:blue">http://www.oregon.gov/DAS/financial/acctng</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:black;mso-ligatures:standardcontextual"><o:p> </o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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