Staff explains Workday reporting error, says auditors and staff will correct ACFR footnote and available‑funds numbers

Council spent much of the morning examining a large adjustment in Fleet and other funds that produced an apparent negative available‑fund balance at the start of the year. Staff said the numbers were correct in the underlying ledgers but that a commitment schedule used in the ACFR footnote did not pull previously capitalized expenditures correctly after the migration to Workday, overstating outstanding commitments.