Item 18 Passed 9-0
In plain language — from the agenda backup
The city wants to sign a contract with PFM Solutions LLC for Synario financial forecast software, which Austin Water and Austin Financial Services would use to model their long-range budget projections. The deal runs an initial two years with up to three one-year renewal options, for a total not to exceed $1,224,000. Right now, $162,800 is set aside in Austin Water's operating budget and $41,200 in Austin Financial Services', with the rest depending on funding in future budgets.
The official agenda language
Authorize a contract for Synario financial forecast software for Austin Water and Austin Financial Services with PFM Solutions LLC, for an initial term of two years with up to three one-year extension options in an amount not to exceed $1,224,000. Funding: $162,800 is available in the Operating Budget of Austin Water. $41,200 is available in the Operating Budget of Austin Financial Services. Funding for the remaining contract term is contingent upon available funding in future budgets.
The roll call
Approved on Consent 9-0
- Kirk Watson Mayor Yes
- Natasha Harper-Madison D1 Absent
- Vanessa Fuentes D2 Absent
- José Velásquez D3 Yes
- José "Chito" Vela D4 Yes
- Ryan Alter D5 Yes
- Krista Laine D6 Yes
- Mike Siegel D7 Yes
- Paige Ellis D8 Yes
- Zohaib "Zo" Qadri D9 Yes
- Marc Duchen D10 Yes