Vote — approved

Bill Gates	yes
Clint Hickman	yes
Jack Sellers	yes
Thomas Galvin	yes
Steve Gallardo	yes

79.GOVERNMENTAL ACCOUNTING STANDARDS BOARD STATEMENT NO. 34 Amend action taken place on September 16, 2020 (C-64-02-262-5-03) to establish County policy for minimum road system condition levels per the requirement of the Governmental Accounting Standards Board Statement No. 34 using the modified approach for reporting infrastructure assets. Amend as follows: Road System – 75% of centerline miles with Overall Condition Index (OCI)≥60 and no more than 5% of lane miles with OCI<40 The Department ha

Item Text

79. GOVERNMENTAL ACCOUNTING STANDARDS BOARD STATEMENT NO. 34 Amend action taken place on September 16, 2020 (C-64-02-262-5-03) to establish County policy for minimum road system condition levels per the requirement of the Governmental Accounting Standards Board Statement No. 34 using the modified approach for reporting infrastructure assets. Amend as follows: Road System – 75% of centerline miles with Overall Condition Index (OCI)≥60 and no more than 5% of lane miles with OCI<40 The Department has made changes to the methodology for how pavement inspections are conducted. The revised methodology is more robust and incorporates a Quality Assurance system that helps insure consistent, repeatable inspections. The change in inspection methodology resulted in a significant drop in the OCI that is attributable to the new system, not to actual pavement condition changes. As a result, we are amending the road system rating to conform to the new methodology. This includes a revision to classification of the road condition based on OCI to the following: Very Good (90-100), Good (75-90), Fair (60-75), Poor (40-60), and Very Poor (<40). The Department of Transportation is required to comply with the Governmental Accounting Standards Board Statement No. 34 for reporting infrastructure assets (i.e., roads, bridges, etc.). The Department elected to use the modified approach for reporting infrastructure assets which means infrastructure assets will not be depreciated as long as two requirements are met. First, the assets are managed using an asset management system. Second, the government documents that the infrastructure assets are being preserved approximately at (or above) a condition level established and disclosed by the Board of Supervisors. The condition levels established by the Board of Supervisors will be reported annually in the County’s Comprehensive Annual Financial Report (CAFR). This agenda item establishes the policy for minimum condition levels to be disclosed annually in the CAFR and amends the previously established pavement condition rating system to follow the Cartegraph based rating system. The condition of road pavement is measured using the Cartegraph rating system, which is based on the weighted averages of pavement surface distress factors using ASTM 6433. The Cartegraph system uses a measurement scale to evaluate OCI ranging from zero for a failed pavement to 100 for a pavement in perfect condition. Pavement condition assessments are determined annually for arterial roads and every other year for local roads. The Department of Transportation is in compliance with these condition ratings and no additional funding will be required to maintain the current condition rating. Supervisory Districts No. 1, 2, 3, 4 & 5 (C-64-23-050-X-00)