OIT officials defend real‑time billing model after legislative staff flag large fund balance
OIT and Legislative Council staff discussed how the Office of Information Technology bills agencies, the IT revolving fund balance and steps to avoid over‑collecting. Staff said the state will use the FY26 supplemental to lower a growing fund balance and that process changes should reduce recurring overcollection.
The full story
Colorado’s Office of Information Technology (OIT) described its “real‑time billing” approach and defended recent fund balances during a June 11 briefing to the Joint Technology Committee, while legislative staff and members pressed OIT for clearer forecasting and faster adjustments.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in