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Finance director outlines EERP rollout as council member warns of possible multimillion‑dollar shortfall
Summary
Finance Director Steve Hoagland described the city's EERP (Tyler Technologies) rollout and progress on the event center bond; a council member said mid‑year revenue/expenditure trends looked like a $2 million to $3.5 million shortfall and asked whether a budget retreat was planned.
Finance Director Steve Hoagland told the council the city has started implementing an enterprise ERP financial system (EERP) developed by Tyler Technologies, with July 2026 as the first reporting period and utility‑billing conversion planned for January 2027. Hoagland said asset and grant data are in process, the finance SharePoint site and tip sheets are live, and the event center bond team is assembled with PFM, Piper Sandler and Foster Pepper supporting financing and counsel work.
Hoagland noted a $700,000 interfund transfer tied to the skate park/restroom/parking‑lot project is skewing apparent budget utilization in the finance dashboard and that professional services timing for the EERP implementation affects quarter‑to‑date percentages.
At the end of department presentations, a council member with banking experience said his review of revenues and expenditures suggested the city remained on track to “fall short by somewhere between $2 million and $3.5 million” if corrective steps are not taken and asked whether the council planned a budget retreat. He pressed for more aggressive course correction immediately given the timing in July as the city moves toward preparing the 2027 budget.
Mayor Ryan Walters responded that the city is not projecting a $3 million year‑end shortfall and that an in‑depth finance update is scheduled for the next council meeting. He said the administration prefers public council budget deliberations in the chamber rather than a retreat, though the city has used retreats in prior years.
Next steps: staff scheduled a detailed finance update for the next council meeting to review year‑to‑date projections and the preparation work for the 2027 budget and the capital facilities plan.
