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R2012-65 AUTHORIZING THE CITY MANAGER TO LEASE EMPHASYS TREASURY DESKTOP SOFTWARE
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R2012-65 AUTHORIZING THE CITY MANAGER TO LEASE EMPHASYS TREASURY DESKTOP SOFTWARE
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8/21/2015 1:24:56 PM
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Resolution/Ordinance
Res Ord Num
R2012-65
Res Ord Title
AUTHORIZING THE CITY MANAGER TO LEASE EMPHASYS TREASURY DESKTOP SOFTWARE
Department
Finance
Approved Date
3/19/2012
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FINANCIAL MANAGEMENT DEPARTMENT <br /> #2012-05 <br /> DATE: March 12, 2012 <br /> TO: Honorable Mayor Michael T McElroy and City Council <br /> FROM: Ryan P. McCrady, City Manager <br /> Ron E. Neufeld, Finance Director <br /> SUBJECT: Emphasys Treasury Management Software <br /> SUMMARY RECOMMENDATION: <br /> It is recommended that the City Council approve the attached resolution, which <br /> authorizes the City Manager to sign a lease agreement for Emphasys Treasury Desktop <br /> Software, at an amount not to exceed $8,418.64. <br /> BACKGROUND: <br /> Desktop is an all-in-one investment management system that provides the City of Decatur <br /> with a single interface to manage our investment portfolio and at the same time provide <br /> investment accounting and record keeping, creates standard and custom reports, and <br /> interfaces with our general ledger. We have been using this software for many years and <br /> we are quite satisfied with it. <br /> POTENTIAL OBJECTION: There are no known objections to this <br /> resolution. <br /> INPUT FROM OTHER SOURCES: None <br /> STAFF REFERENCES: Ron Neufeld, Finance Director - 424-2702 <br /> The Finance Director, Ron Neufeld will be in attendance at the City Council meeting to <br /> answer any questions of the City Council on this item. <br /> BUDGET/TIME IMPLICATIONS: <br /> The money for this software is included in the budget for the next fiscal year, and will be <br /> paid in May. <br />
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