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CITY OF SAN LEANDRO <br />MEMORANDUM ON INTERNAL CONTROL <br />SCHEDULE OF OTHER MATTERS <br />Effective in fiscal year 2018-19: <br />GASB 83 – Certain Asset Retirement Obligations <br />This Statement addresses accounting and financial reporting for certain asset retirement obligations <br />(AROs). An ARO is a legally enforceable liability associated with the retirement of a tangible capital <br />asset. A government that has legal obligations to perform future asset retirement activities related to its <br />tangible capital assets should recognize a liability based on the guidance in this Statement. <br />707