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Controller urges funding to bring LUMA on budget; committee hears risks to financial reporting

2407456 · February 17, 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

The state controller and legislative analysts described the transition of the LUMA enterprise resource system from a dedicated implementation fund to the controller's budget, warned that reductions in staff would jeopardize operations and testified that audit and financial close timelines remain behind schedule.

Legislative analysts and State Controller Brandon Wolf briefed the Joint Finance-Appropriations Committee on the controller's FY2026 request to bring LUMA — the state's enterprise resource management system — onto the agency's appropriation and to fund staff who support the system.

Frances Lippett said the Business Information Infrastructure Fund (BIF), which has paid for LUMA sustainment, will expire at the end of the current fiscal year and the controller is requesting approximately $15.2 million to move those costs into the controller's budget. That request included funding for seven additional FTEs and appropriation for…

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