Methodology for achieving GASB 34 modified approach compliance using U.S. Navy "smart base" facility management practices
Crafts, Michael D.
Miller, John B.
MetadataShow full item record
Historically, local infrastructure assets have been overlooked and under-funded, viewed more often as sunk costs than as strategic assets. While the growth of enterprise software solutions for asset management has begun to change this, the high cost and complexity of such systems has primarily limited their implementation to large government agencies and major cities. With the creation of its Statement 34 requirements, the Government Accounting Standards Board (GASB) seeks to improve the tracking, management and reporting of infrastructure assets by smaller cities and towns. Due to phase in between 2001 and 2003, depending on annual revenue levels, GASB 34 has forced a renewed focus on infrastructure portfolios at the local level. This research develops a strategy and methodology for small local governments to create flexible, cost effective asset management systems. Faced with the management of a global infrastructure portfolio exceeding $130 billion in 2001, the U.S. Navy has invested heavily in the area of public works management. The Smart Base project at Naval Shipyard Portsmouth, an ongoing initiative to develop customized information technology solutions at the installation level, is examined as a model for small towns to emulate during the development of GASB 34 compliant asset management systems. The resultant methodology provides a simple, robust framework for the integration of inventory, condition and valuation data within the existing GIS system used by the town of Winchester, Massachusetts.
This thesis document was issued under the authority of another institution, not NPS. At the time it was written, a copy was added to the NPS Library Collection for reasons not now known. It has been included in the digital archive for its historical value to NPS. Not believed to be a CIVINS (Civilian Institutions) title.
RightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
Showing items related by title, author, creator and subject.
Naval Postgraduate School Center for Homeland Defense and Security (CHDS) (Monterey, California. Naval Postgraduate SchoolCenter for Homeland Defense and Security, 2006-10);October 2006. Welcome to Volume 2, Issue Three of Homeland Security Affairs. This issue is dedicated to the memory of Lacy Suiter. I believe Lacy would be embarrassed by the idea of dedicating an issue of anything to him. ...
A methodology for the integration multiple distributed heterogeneous databases: application to databases of the Tomahawk engineering community O'Neill, Thomas Edward; Prell, Milton John (Monterey, California. Naval Postgraduate School, 1995-09);Engineering 2000 is a project initiated by Naval Surface Warfare Center (NSWC) and designed to develop an infrastructure for the sharing of engineering data and information to support the current and future needs of the ...
Maule, R. William; Gallup, Shelly P.; Jensen, Jack J. (2010);This paper presents a methodology and system for the analysis of complex experiments currently utilized by the Department of Defense. Assessed are effectiveness and efficiency of systems interactions and affected intra- ...