Title
Receive and accept the bi-annual financial report for the Information Technology Department (ITD) for FY 2024-25.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
Receive and accept the bi-annual financial report for the Information Technology Department (ITD) for FY 2024-25.
SUMMARY:
This report is ITD’s bi-annual report of FY 2024-25. It is estimated that ITD will end the year with a surplus of an approximate $661,605 of budgeted appropriations.
DISCUSSION:
The attached report (Exhibit A) is an overview of ITD’s FY 2024-25 approved budget, estimated year end totals, and the variance between.
Year-end estimates are based upon system reports and information as of June 30, 2025. Estimated year end expenditures total $35,052,393 against a budget of $33,742,916 which reflects an overrun of $1,309,477. This estimate is based mainly on external expenditure overrun of $1,871,072 and salary savings of $561,595. Service and supply overrun is mainly due to operational increases related (but not limited to), vendor hardware and software support costs, utility and radio site cost increases, and unplanned for expenditures offset by customer income. Capital Improvement expenditures reflect a slight underrun of $20k. Salary savings are due to unanticipated vacancies. Contra (Internal County Department) income of $10,338,649 against a budgeted $8,367,557 reflects an increase of $1,971,092 which is due to ERP Project reimbursement, ITD fee structure adjustments and additional customer spend over initial estimated budget. Cost Plan charges came in on budget. Overall Appropriations is estimated to come in at $4,358,184 against a budget of $5,019,799, reflecting a surplus of $661,615.
Revenue is estimated to come in at $2,862,111 against a budget of $2,250,000 reflecting a surplus of $612,111. This surplus is due to non-budgeted income that is offset by non-budgeted expense.
Overall Department is estimated to come in wit...
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