Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Controller proposes $60 million overhaul of city's legacy financial system; $20M requested over two years
Summary
Controller Ben Rosenfield told the committee the city's core financial system dates to 1980 and is increasingly unsupported; the office estimates a $60 million multi-year replacement with $20 million appropriated in the two-year budget (about $12M general fund), and projects a go-live around June 30, 2018.
San Francisco's Controller presented an overview of his office's budget request on June 16, emphasizing a multiyear program to replace the city's aging financial system.
Ben Rosenfield said the current system (referred to in presentations as the city's financial system, "Famous") was first implemented in 1980 and has had only modest upgrades since the 1990s. The system runs on a mainframe and is no longer supported by the original…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
