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FUNDED CAPITAL IMPROVEMENT PROJECT #86 & 87

Software Upgrades for Municipality & Academy

Project Description:
The project includes a new budget/finance software for the Town and Academy. The new
software updates the Town's out-of-date finance system to account and budget more
efficiently in the shared services model. The new software for the Academy consists of a
student information system that houses all of the required data that the state of Texas
requires for yearly submissions. It also tracks all grades, cumulative records, historical
data, attendance records, finance etc. It is the database for all school operations.

PROJECT EXPENSE

Actuals Thru Revised Adopted - - - - - - - - - - - - - - - - - - Projection- - - - - - - - - - - - - - - - - - Project
EXPENDITURE TYPE FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Total
Engineering - - - - - - - -
Software WA - - 200,000 - - - - 200,000
Software Munipality - - - 200,000 - - - 200,000
Contingency - - - - - - - -
Construction - - - - - - -
EXPENDITURES TOTAL - - 200,000 200,000 - - - 400,000

PROJECT FUNDING
Actuals Thru Revised Adopted - - - - - - - - - - - - - - - - - - Projection- - - - - - - - - - - - - - - - - - Project
FUNDING TYPE FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Total
Cash (Fund Balance) - - 200,000 200,000 - - - 400,000
Contributions/Grants - - - - - - - -

Bonds - - - - - - - -
Unfunded - - - - - - - -
Other - - - - - - - -
FUNDING TOTAL - - 200,000 200,000 - - - 400,000

IMPACT ON OPERATING BUDGET

Actuals Thru Revised Adopted - - - - - - - - - - - - - - - - - - Projection- - - - - - - - - - - - - - - - - -
IMPACT TYPE FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Supplies - - - - - - -
Services - - - - - - -
Insurance - - - - - - -
Repair & Maintenance - - - 50,000 50,000 50,000 50,000

Rent & Utilities - - - - - - -
Debt Service - - - - - - -

OPERATING IMPACT - - - 50,000 50,000 50,000 50,000

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