{"id":2382,"date":"2025-08-01T22:09:51","date_gmt":"2025-08-01T22:09:51","guid":{"rendered":"https:\/\/business.sbceo.org\/memos\/?p=2382"},"modified":"2025-08-01T16:48:16","modified_gmt":"2025-08-01T23:48:16","slug":"fair-market-value-gasb-31-2","status":"publish","type":"post","link":"https:\/\/business.sbceo.org\/memos\/?p=2382","title":{"rendered":"Fair Market Value (GASB 31)"},"content":{"rendered":"<div class=\"postie-post\">Dear School Business Officials,<br \/>\n<img decoding=\"async\" src=\"https:\/\/business.sbceo.org\/memos\/wp-content\/uploads\/2025\/08\/image002.jpg\"\/>The Santa Babara County Treasurer has released information necessary to calculate the fair market value of your deposits in the pool as of June 30, 2025, which is required to prepare your financial statements in accordance with GASB 31.  You can access their official correspondence on the SBAS Year-End Close Webpage<<a href=\"https:\/\/sbasweb.sbceo.org\/finance\/year-end-close\">sbasweb.sbceo.org\/finance\/year-end-close<\/a>>.<br \/>\nPlease contact your Auditor or District Financial Advisor with any questions regarding posting FMV adjustments.<br \/>\nRegards,<br \/>\nSchool Business Advisory Services Team Santa Barbara County Education Office <a href=\"https:\/\/sbasweb.sbceo.org\">sbasweb.sbceo.org<\/a><br \/>\nNote: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox.<br \/>\nTo unsubscribe, click here<<a href=\"mailto:sbasfinance@sbceo.org?subject=Unsubscribe\">mailto:<a href=\"mailto:sbasfinance@sbceo.org?subject=Unsubscribe\" >sbasfinance@sbceo.org?subject=Unsubscribe<\/a><\/a>><\/p>\n<div class=\"postie-attachments\"><a href=\"https:\/\/business.sbceo.org\/memos\/?attachment_id=2383\"><img decoding=\"async\" src=\"https:\/\/business.sbceo.org\/memos\/wp-content\/uploads\/2025\/08\/image001.png\" alt=\"\" width=\"295px\" height=\"200px\" class=\"alignnone size-medium wp-image-2383\" \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dear School Business Officials, The Santa Babara County Treasurer has&hellip;<a href=\"https:\/\/business.sbceo.org\/memos\/?p=2382\" class=\"more-link\"><span class=\"more-button\">Continue reading<span class=\"screen-reader-text\">Fair Market Value (GASB 31)<\/span><\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-2382","post","type-post","status-publish","format-standard","hentry","category-reporting"],"_links":{"self":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/posts\/2382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2382"}],"version-history":[{"count":0,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/posts\/2382\/revisions"}],"wp:attachment":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}