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Sample Government, FLORIDA SCHEDULE OF FINDINGS AND RESPONSES FISCAL YEAR ENDED SEPTEMBER 30, 2009 (Continued) I. CURRENT YEAR COMMENTS AND RECOMMENDATIONS (Continued) 2009-04 Landfill Closure Liability Criteria Pursuant to GASB Statement No. 18, Accountingfor Municipal Solid Waste Landfill Closure and Post- closure Care Costs, in determining the current period expense and liability, total estimated capacity should be based on the expected usable landfill, which is generally the constructed portion. Further, the estimated capacity should mirror the tonnage applicable to the constructed areas reported to the Environmental Protection Agency. Condition During the 2009 fiscal year, the landfill was expanded and capacity increased from 35 acres to 46 acres. However, we noted that the total estimated capacity used to calculate the current year expense and liability did not change from the prior year. Further inquiry indicated that the total estimated capacity being used to calculate the current period costs were 60 acres of land, which is the total acreage of land, a portion of which had not yet been constructed. Cause The total estimated capacity used to calculated current period expense and liability was incorrectly set at the full permitted acreage at inception, instead of at the constructed capacity. Effect The expense and liability related to the landfill was revised to use the appropriate total estimated capacity. Recommendation We suggest that the entity consider having the engineers who prepare the Financial Assurance Cost Forms for the landfill certify the capacity of the landfill as well as the cost estimates. Views of Responsible Officials and Corrective Action We concur that the total constructed portion of the landfill is the appropriate measure to use for current period costs and landfill closure liability. Staff received the final volume quantities of the landfill based on the annual survey completed by an independent engineering firm. 4