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Council asked to increase revolving loan ceiling to finish Workday implementation

5410619 · July 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City finance and central staff briefed the Select Budget Committee July 16 on a request to amend an earlier interfund loan and increase the budget for the Human Capital Management System (Workday).

City finance and central staff briefed the Select Budget Committee July 16 on a request to amend an earlier interfund loan and increase the budget for the Human Capital Management System (HCMS), commonly called Workday.

The request, embodied in council bill CB121033, would raise the previously authorized revolving interfund loan ceiling from $11,000,000 to $13,200,000 and change the borrowing fund for the loan, with repayment…

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