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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Good Morning Everyone,<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>SARS has updated the following policies and posted them for
comment. Both policies reflect the new DAS statewide policy template, which
combines the policy and procedures into one document. In addition, the DAS
Communications Coordinator has reviewed each policy for plain language.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='margin-left:.2in;text-indent:-.2in;mso-list:l0 level1 lfo2'><![if !supportLists]><font
size=2 face=Symbol><span style='font-size:10.0pt;font-family:Symbol'><span
style='mso-list:Ignore'>·<font size=1 face="Times New Roman"><span
style='font:7.0pt "Times New Roman"'> </span></font></span></span></font><![endif]><b><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial;font-weight:
bold'>OAM 15.60.20 – Capital Assets: Depreciation<o:p></o:p></span></font></b></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='margin-left:.2in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Please pay particular attention to
the revised Policy section and paragraphs 110, 111, 115 and 116 in the
Procedures section.<o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.2in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='margin-left:.2in;text-indent:-.2in;mso-list:l0 level1 lfo2'><![if !supportLists]><font
size=2 face=Symbol><span style='font-size:10.0pt;font-family:Symbol'><span
style='mso-list:Ignore'>·<font size=1 face="Times New Roman"><span
style='font:7.0pt "Times New Roman"'> </span></font></span></span></font><![endif]><b><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial;font-weight:
bold'>OAM 15.60.25 – Capital Asset Impairments<o:p></o:p></span></font></b></p>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial;font-weight:bold'><o:p> </o:p></span></font></b></p>
<p class=MsoNormal style='margin-left:.2in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Please review the revised Policy
section and pay special attention to changes in paragraphs 116 through 122 in
the Procedures section.<o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.2in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Here is the link to the policies: <a
href="http://www.oregon.gov/DAS/SCD/SARS/oam_toc.shtml#OAM_Policies_Out_for_Comment">http://www.oregon.gov/DAS/SCD/SARS/oam_toc.shtml#OAM_Policies_Out_for_Comment</a><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Please send me your comments no later than <b><span
style='font-weight:bold'>July 21, 2010.</span></b><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>The tentative effective date for these policies is August 1,
2010.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Thanks,<br>
Kathy<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><strong><b><font size=1 color="#333333" face=Verdana><span
style='font-size:7.5pt;font-family:Verdana;color:#333333'>Kathryn Ross</span></font></b></strong><font
color="#333333"><span style='color:#333333'><o:p></o:p></span></font></p>
<p class=MsoNormal><strong><b><font size=1 color="#333333" face=Verdana><span
style='font-size:7.5pt;font-family:Verdana;color:#333333'>Statewide
Accounting & Reporting Manager</span></font></b></strong><font
color="#333333"><span style='color:#333333'><o:p></o:p></span></font></p>
<p class=MsoNormal><st1:place w:st="on"><st1:PlaceName w:st="on"><font size=1
color="#333333" face=Verdana><span style='font-size:7.5pt;font-family:Verdana;
color:#333333'>Oregon</span></font></st1:PlaceName><font size=1
color="#333333" face=Verdana><span style='font-size:7.5pt;font-family:Verdana;
color:#333333'> <st1:PlaceType w:st="on">State</st1:PlaceType></span></font></st1:place><font
size=1 color="#333333" face=Verdana><span style='font-size:7.5pt;font-family:
Verdana;color:#333333'> Controller's Division</span></font><font color="#333333"><span
style='color:#333333'><o:p></o:p></span></font></p>
<p class=MsoNormal><st1:Street w:st="on"><st1:address w:st="on"><font size=1
color="#333333" face=Verdana><span style='font-size:7.5pt;font-family:Verdana;
color:#333333'>155 Cottage Street NE</span></font></st1:address></st1:Street><font
size=1 color="#333333" face=Verdana><span style='font-size:7.5pt;font-family:
Verdana;color:#333333'>, U-50</span></font><font color="#333333"><span
style='color:#333333'><o:p></o:p></span></font></p>
<p class=MsoNormal><st1:place w:st="on"><st1:City w:st="on"><font size=1
color="#333333" face=Verdana><span style='font-size:7.5pt;font-family:Verdana;
color:#333333'>Salem</span></font></st1:City><font size=1 color="#333333"
face=Verdana><span style='font-size:7.5pt;font-family:Verdana;color:#333333'>,
<st1:State w:st="on">OR</st1:State> <st1:PostalCode w:st="on">97301</st1:PostalCode></span></font></st1:place><font
color="#333333"><span style='color:#333333'><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=1 color="#333333" face=Verdana><span
style='font-size:7.5pt;font-family:Verdana;color:#333333'>Phone: (503)
373-7277, ext 253</span></font><font color="#333333"><span style='color:#333333'><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=1 color="#333333" face=Verdana><span
style='font-size:7.5pt;font-family:Verdana;color:#333333'>Fax: (503)
378-3514</span></font><o:p></o:p></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><a href="http://oregon.gov/DAS/SCD/SARS"><font size=1 face=Verdana><span
style='font-size:7.5pt;font-family:Verdana'>http://oregon.gov/DAS/SCD/SARS</span></font></a><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
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