HomeMy WebLinkAboutMO #3236MUNICIPAL ORDER NO. 3236
A MUNICIPAL ORDER APPROVING A CONTRACT AMENDMENT WITH
TYLER TECHNOLOGIES IN THE AMOUNT OF $7,850 ANNUALLY FOR
ACFR STATEMENT BUILDER, AND AUTHORIZING THE MAYOR TO
EXECUTE ALL DOCUMENTS RELATED TO SAME
WHEREAS, an Annual Comprehensive Financial Report (ACFR) is a thorough,
audited set of financial statements prepared by state and local governments, complying with
Governmental Accounting Standards Board (GASB) requirements. Formerly known as the CAFR,
it provides transparency on financial health through introductory, financial, and statistical sections;
and
WHEREAS, the ACFR is created by the Finance Department using data from
multiple sources and deriving the accounting data from Tyler Munis. The ACFR is labor intensive
to generate and there is a lot of manual export/import to move the data from Munis to the report;
and
WHEREAS, Tyler has a product called ACFR Statement Builder which will build
the majority of the report for you and then allow you to customize it to fit your needs; saving many
hours of staff time; and
WHEREAS, this contract amendment adds to the existing Tyler contract the ACFR
Statement Builder software.
BE IT ORDERED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH,KENTUCKY:
SECTION 1. The City Commission hereby approves a Contract Amendment
with Tyler Technologies in the amount of $8,100 for a one-time implementation cost and a $7,850
annually for ACFR Statement Builder and authorizes the Mayor to execute all documents related
to same.
SECTION 2. One-time payment of $8,100 for implementation to be paid out of
the Software Modifications Project Account and the annual cost of $7,850 shall be paid from the
Software Maintenance Operating Budget account.
Account Name: Computer Software Maintenance Project - Software Modifications
Account Number: 1000-05-0501-GG-00000-00000-522020-EQ0039-000-70000-70008
SECTION 3. This Order shall be in full force fect from and after the date
of its adoption.
George Bray, Mayor
ATT ST:
01,dsay Parish, 'ty berk
Adopted by the Board of Commissioners, May 12, 2026
Recorded by Lindsay Parish, City Clerk, May 12, 2026
mo\contract amendment — Tyler Technologies — ACFR Statement Builder