Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
State IT agency weighs using $621,000 depreciation reserve for cloud services and ISF needs
Summary
The Department of Enterprise Technology Services told the appropriations committee it has $621,000 in a depreciation reserve from fully depreciated assets and laid out options to transfer those funds into the internal service fund for ISF exceptions — including applying toward a $1.4 million cloud-service request — or to pay a recurring monthly service charge; lawmakers pressed staff about possible federal-funding entanglements and whether to wait for an audit.
The Department of Enterprise Technology Services (ETS) on Tuesday told the Legislature’s appropriations committee it has "621,000 and some change" in a depreciation reserve created from depreciation of two now-fully depreciated IT assets and proposed several options for using the balance.
Kristen Burkhart, ETS chief financial officer, said the reserve must remain within ETS’s internal service fund (ISF) and described three paths: apply the balance to a recurring monthly service charge ETS currently pays, transfer the money into the ISF to cover an ISF exception request such as a roughly $1,400,000 cloud-service proposal, or use the funds for other ISF-budgeted expenses. "We can also, with your approval, move that money over to the ISF fund and utilize it towards either one of our exception requests," Burkhart said.
The committee probed whether any federal funds…
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
