Specialty Accounting Division
Capital Assets (CA) Section
The CA Section of the Specialty Accounting Division is currently responsible for the general oversite of all governmental capital improvement projects, accounting related to various capital project and special revenue funds, maintaining the City's governmental capital assets, and reporting the status of such for the CAFR. There is an accountant IV who oversees the section, two accountant III's, two accountant II's, and one senior account audit clerk.
- Maintaining all capital improvement projects for storm drains, flood control channels, park projects, buildings and land acquisitions, streets and highways and traffic control projects. CA is responsible for appropriating projects, monitoring expenditures, certifying funds available and the of capitalizing projects. Just a few of CA's more recent popular projects include the construction of SR-56, Petco Park, various police and fire stations, utilities under-grounding and improvements throughout Balboa Park (museums, etc).
- Maintaining all of the City's governmental capital assets through the use of our Fixed Asset Management Information System (FAMIS), proprietary fund (enterprise type) capital assets are also captured in FAMIS but reported within the specific proprietary funds and are maintained by the Proprietary section. CA also oversees additions, transfers, and retirements for all governmental assets throughout the year and then compiles the City's capital assets changes to be incorporated into the CAFR (the reporting includes the proprietary funds capital assets). CA also performs annual reconciliations between various departmental records to FAMIS records this includes reconciliations for land, buildings, and work in process. CA is also responsible for overseeing the annual departmental inventories for all governmental departments.
Funds Currently Maintained by CA
Capital Projects Funds
- Other Construction Funds accounts for a variety of capital projects such as park and street improvements and construction of public facilities in new development areas. Revenues in these funds are derived from such sources as contributions from developers, special assessments, special taxes and fees
Special Revenue Funds
- Special Gas Tax Street Improvement Fund accounts for the receipt of motor vehicle fuel taxes from the State. Expenditures are for the construction, improvement, maintenance, and operation of public streets and highways.
- Street Division Operations Fund accounts for the operations of the Transportation(s Street Division. Revenues are derived from Gas Tax, TransNet, and General Fund transfers, as well as revenues received for services performed by the Streets Division. Expenditures are for maintenance and operation of City streets.