Res 2024-16 Lease & Subscription Based IT Arrangement PolicyCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2024-16
A RESOLUTION ADOPTING A LEASE &SUBSCRIPTION BASED
INFORMATION TECHNOLOGY ARRANGEMENT POLICY
WHEREAS, GASB 87 —Leases and GASB 96 —Subscription Based
Information Technology Arrangements (SBITA) requires specific accounting
reporting; and
WHEREAS, the City created a Lease &SBITA Accounting Policy to address
the GASB reporting standards.
NOW, THEREFORE, BE IT RESOLVED, that the Mendota Heights City
Council adopts the attached Lease & SBITA policy retroactively to December 31,
2023.
Adopted by the City Council of the City of Mendota Heights this 16th day of April
2024,
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
J
Stephanie B. Levine, Mayor
ATTEST:
Nacy BiAjer, City Clerk