The fastest and easiest way to acquire existing infrastructure data
Lack of information about your community's infrastructure can make complying with GASB 34's reporting requirements a significant economic challenge. Landlogic mobilizes your field personnel into an army of data collectors that can quickly and affordably GPS map existing infrastructure assets getting you the information needed for your GASB 34 initiative. Among the benefits of landlogic's infrastructure identification system:
- Quickly GPS each asset's location and quantity
- Provides on-the-spot conditional assessment
- Puts a military timestamp on the asset data
Simplifies infrastructure & land improvement valuations
Landlogic allows you to set costs, salvage values, useful life and depreciation methods for each type of asset under your jurisdiction. After infrastucture is captured, landlogic uses the quantity, condition, and age of the asset to calculate its value. Additionally, each asset may contain individual information that overides system-wide values to produce asset specific valuations. Information is updateable anytime, ensuring that your valuation reports always represent the most accurate state of affairs.
- Set system wide cost, salvage value, useful life and depreciation methods for any type of assets
- Calculates specific values for each type of asset based on quantity, condition and age
- Base all valuations off the last, best known information about an asset
Easily tracks maintenance expenses
Landlogic allows you to compare processes, performance, and expenditures across physical locations, time periods, personnel and assets, thereby giving you unprecedented power to track asset maintenance expenses at any level. Among the expense reports possible with landlogic:
- Material Consumption
- Man-Hours Consumed
- Average Maintenance Costs
- Capital Replacement Costs
Implements the GASB 34 Modified Approach
GASB 34´s requirements for the modified approach give agencies better information about their infrastructure systems; which ultimately helps guide and plan their overall resource allocation decisions. Landlogic's asset management system greatly enhances your ability to accurately predict needed annual expenditures and helps preserve assets at or above the level you have prescribed.
- Maintains an up-to-date inventory of your assets
- Ensure a regular assessment of infrastructure consition
- Calculates annual cost to maintain your assets at a minimum condition level