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<div style="direction: ltr;font-family: Tahoma;color: #000000;font-size: 10pt;">Thanks Lane.
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<div>Rob<br>
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<div id="divRpF189676" style="direction: ltr;"><font face="Tahoma" size="2" color="#000000"><b>From:</b> FOULGER Lane H * DCBS<br>
<b>Sent:</b> Wednesday, March 27, 2019 9:42 AM<br>
<b>To:</b> HAMILTON Robert W * DAS; cafr-contacts-news@listsmart.osl.state.or.us<br>
<b>Cc:</b> ENGELSON Alyssa * DAS; MARQUETTE Carolina V * DCBS; POON Thomas Y * DCBS<br>
<b>Subject:</b> RE: Information Request - Estimate of the number of leases at your agency<br>
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<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:#1F497D">Good Morning,</span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:#1F497D"> </span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:#1F497D">Attached is DCBS’s lease estimate.</span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:#1F497D"> </span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:#1F497D">Thanks.</span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:#1F497D"> </span></p>
<p class="MsoNormal"><b><i><span style="font-family:"Arial",sans-serif; color:black">Lane Foulger, Accounting Services Manager
</span></i></b><b><i><span style="font-family:"Arial",sans-serif; color:black"></span></i></b></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:gray">Department of Consumer & Business Services</span><span style="font-family:"Arial",sans-serif; color:#1F497D"></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:gray">350 Winter St N.E. Salem OR 97301
</span><span style="font-family:"Arial",sans-serif; color:#1F497D"></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:gray">P: (503) 947-7906 C: (503) 302-1287
</span><span style="font-family:"Arial",sans-serif; color:#1F497D"></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif; color:#1F497D"> </span></p>
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<p class="MsoNormal"><b>From:</b> CAFR-Contacts-News <cafr-contacts-news-bounces@listsmart.osl.state.or.us>
<b>On Behalf Of </b>HAMILTON Robert W * DAS<br>
<b>Sent:</b> Friday, March 8, 2019 2:27 PM<br>
<b>To:</b> cafr-contacts-news@listsmart.osl.state.or.us<br>
<b>Cc:</b> ENGELSON Alyssa * DAS <Alyssa.ENGELSON@oregon.gov><br>
<b>Subject:</b> [CAFR-Contacts-News] Information Request - Estimate of the number of leases at your agency</p>
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<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Hello CAFR Contacts,</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">SARS and the implementation team has been hard at work on the implementation of GASB Statement No. 87
<i>Leases</i>. As part of that effort, we’re requesting an estimate (even a rough estimate would suffice at this point) of the number of leases your agency has, by type of asset being leased, as a way to ensure that the chart of accounts will be complete, and
to get an idea of how many leases we have statewide. As a result, <b><u>it crucial that we receive a response from each agency</u></b>.</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">We’d like to know this from two different perspectives: when the state agency is the lessee and when the state agency is the lessor. The attached Excel workbooks contains a
separate tab for each. </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">It’s important to note that the following types of leases
<b><u>should be excluded</u></b> from your response:</span></p>
<p class="MsoListParagraph" style="margin-left:.25in; text-indent:-.25in"><span style="font-size:10.0pt; font-family:Symbol"><span style="">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Leases with another state agency;</span></p>
<p class="MsoListParagraph" style="margin-left:.25in; text-indent:-.25in"><span style="font-size:10.0pt; font-family:Symbol"><span style="">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Leases for computer software or other intangible assets;
</span></p>
<p class="MsoListParagraph" style="margin-left:.25in; text-indent:-.25in"><span style="font-size:10.0pt; font-family:Symbol"><span style="">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Leases of biological assets, such as timber, living plants, and living animals; and</span></p>
<p class="MsoListParagraph" style="margin-left:.25in; text-indent:-.25in"><span style="font-size:10.0pt; font-family:Symbol"><span style="">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Leases of inventory.</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">For reference, I’ve attached both GASB 87 and the exposure draft of the implementation guide, which operates as a Q&A on the standard. As an exposure draft, the implementation
guide is subject to change, but I expect the final version to be very similar, if not identical.</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">We would appreciate a response by close of business on Friday, March 29.
</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Please send your response to Barb Watson (<a href="mailto:Barbara.Watson@Oregon.gov" target="_blank" rel="noopener noreferrer">Barbara.Watson@Oregon.gov</a>).</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">If you have any questions, please reach out to Barb.</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Thanks very much.</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif">Rob</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif"> </span></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt; font-family:"Verdana",sans-serif; color:#353535">Robert W. Hamilton, CPA</span></b></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt; font-family:"Verdana",sans-serif; color:#353535">Statewide Accounting and Reporting Services Manager</span></b><b><span style="font-family:"Verdana",sans-serif; color:#353535"></span></b></p>
<p class="MsoNormal"><span style="font-size:8.0pt; font-family:"Verdana",sans-serif; color:#353535">Chief Financial Office</span></p>
<p class="MsoNormal"><span style="font-size:8.0pt; font-family:"Verdana",sans-serif; color:#353535">Department of Administrative Services</span><span style="font-size:8.0pt"></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt; font-family:"Verdana",sans-serif">Phone: (503) 373-0299</span></p>
<p class="MsoNormal"><span style="font-size:8.0pt; font-family:"Verdana",sans-serif"><a href="http://www.oregon.gov/DAS/financial/acctng" target="_blank" rel="noopener noreferrer"><span style="color:blue">http://www.oregon.gov/DAS/financial/acctng</span></a></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt"> </span></p>
<p class="MsoNormal"><span style="font-size:8.0pt; font-family:"Verdana",sans-serif; color:#353535">Data Classification: Level 1 - Published</span></p>
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