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HomeMy WebLinkAbout46-17 RESOLUTION 46-17 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS AUTHORIZING THE CITY MANAGER TO AWARD A THREE-YEAR CONTRACT WITH OPENGOV, INC FOR A WEB-BASED FINANCIAL INTELLIGENCE AND TRANSPARENCY SOFTWARE,IN THE AMOUNT OF$35,604; AND AMENDING THE 2017-18 BUDGET BY INCREASING APPROPRIATION BY$18,604 AND NOT BUDGET FOR SUBSCRIPTION COST IN 2018-19 AND 2019-20. WHEREAS, financial transparency is one of the main objectives of Finance; and WHEREAS, the most important aspect of financial transparency is the ability to present comparable data that are understandable and timely; and WHEREAS, of the Open Government services available, OpenGov, Inc has the more superior data visualization when it comes to budget to actual data comparisons and multi-year financial data comparison; and WHEREAS, the Town budgeted $5,000 for one-time setup and $12,000 for annual subscription in the 2017-18 Budget; and WHEREAS,the contract from OpenGov is for$3,720 one-time setup and$32,364 for three years annual subscription; and WHEREAS,the total three-year cost will still be less than the three-year budget. NOW, THEREFORE, the City Council of the Town of Los Altos Hills does hereby resolve to: 1. authorize the City Manager to award a three-year contract with OpenGov, Inc for a web- based financial intelligence and transparency software, in the amount of$35,604; and 2. amend the 2017-18 budget by increasing appropriation by $18,604 and not budget for subscription cost in 2018-19 and 2019-20. The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los Altos Hills at a regular meeting held on the 17th day of August 2017 by the following vote: AYES: Waldeck, Radford, Corrigan, Spreen, Wu NOES: None ABSTAIN: None ABSENT: None BY: ..� Gary Waldeck, Mayor ATTEST: - Deborah,Padovan, City Clerk Resolution 46-17 Page 1