Peterson Consulting Services, Inc.
Capital Asset Reporting Services for State and Local Governments
512 West Burlington Ave, Suite 1A
La Grange, Illinois 60525-2284
708/937-9104 Direct
708/310-0185 Cell
jon.peterson@pcsi-consulting.com
July 15, 2026
Mr. Ed Carroll
County Auditor
Delaware County
100 W. Main Street
Muncie, Indiana 47305
Dear Mr. Carroll:
By this letter we propose to assist Delaware County, Indiana, in preparing the annual update of its capital asset information for financial reporting for the fiscal year ending December 31, 2026.
Engagement Activities
In this engagement, we will:
  • Provide further review of the requirements of GASB Statement No. 34 relating to capital assets, if needed
  • Prepare capital asset additions using best available data
  • Prepare capital asset retirements using best available data
  • Develop construction-in-progress (CIP) and assist in capitalizing CIP where appropriate for completed projects
  • Prepare capital asset worksheets and summary schedules for fiscal year ending December 31, 2026. These schedules will reflect the following asset accounts and functional classifications:
    • Roads
    • Rights-of-Way
    • Bridges
    • Regulated Drains
    • Construction in Progress