Oxnard-- The Finance & Governance Committee, February 28, reviewed and approved changes to accommodate risks to the City’s Enterprise Resource Planning (ERP) Budget and its ability to obtain Council-Approved bond financing.
The agreement also approved the fifth amendment to the project management contract and annual report.
Assistant Chief Financial Officer Mark Sewell said the Staff recommends using $2.5 Million to cash fund a portion of the Fiscal Year 2022-2023 ERP project in excess of the initial bond proceeds and additional cash funds for the Fiscal Year 2023-2024 if litigation with Aaron Starr prevents the City from obtaining bonds. “Approve and authorize the Mayor to execute a Fifth Amendment to the Professional Services Agreement with Kreative Core Technologies Corporation for $2.12 Million for a new, not to exceed the amount of $4.720 Million, and extend the term to December 2023,” he said.
The ERP System is separate technology systems providing the foundational framework for City functions like Financial Management, HR (Human Resources), Timekeeping & Payroll, Community Development, Assets Maintenance, and Utility Billing.
“Back in 2016, the Council approved the funding for a new ERP System, and in 2019, following a Request for Proposals process, Tyler Technologies was selected to provide…
