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Council reviews capital program, considers Human Capital Management upgrade as county prepares bond sale
Summary
Committee discussed the county capital program, including an $82 million general obligation bond authorization and a $600,000 capital request to restart a Human Capital Management project to replace PeopleSoft.
New Castle County officials briefed the Administrative Finance Committee on the capital program and an associated technology project on June 10 as the county prepared to enter the municipal bond market.
Councilmember John Cartier and others reviewed a resolution authorizing the sale of up to $82 million in general obligation bonds to finance capital projects. Staff noted the county’s AAA bond rating and said the timing was favorable to borrow for planned projects.
A focused discussion followed on the Human Capital Management (HCM) platform included in the capital program. Dave Del Grama, chief of Technology and Administrative Services,…
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