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I had provided the city with details about how to implement GASB 34. The Recorder needed help in estimating life expectancy of buildings and equipment. MTAS recommended:
1. Building--40 years
2. Backhoes--12 years
3. Fire Truck--20 years
4. Tractor--12 years
5. Police Cars --(3 to 8 years)
6. Rescue Equipment --10 years
Don J. Darden
MTAS Municipal Management Consultant