Survey Report, June 1, 2006

A Joint Project of
Municipal Finance Officers' Association of Ontario (MFOA)
Association of Municipal Managers, Clerks & Treasurers of Ontario(AMCTO)

The survey was conducted in May 2006 by the Municipal Finance Officers' Association of Ontario (MFOA) and the Association of Municipal Managers, Clerks & Treasurers of Ontario (AMCTO) in order to ascertain the readiness of Ontario municipalities for tangible capital asset accounting as proposed by the Public Sector Accounting Board (PSAB) in the April 2006 Exposure Draft of PS 3150. The survey revealed that Ontario municipalities face significant challenges in meeting PSAB’s proposed implementation date of 2009. The results of the survey are below under related files.