MUNI-AUSTIN COUNTYlocal legislationAgenda Ready

Contract Approval for Financial Forecasting Software

Original title: Authorize a contract for Synario financial forecast software for Austin Water and Austin Financial Services with PFM Solutions LLC, for an initial term of two years with up to three one-year extension options in an amount not to exceed $1,224,000. Funding: $162,800 is available in the Operating Budget of Austin Water. $41,200 is available in the Operating Budget of Austin Financial Services. Funding for the remaining contract term is contingent upon available funding in future budgets.

May 28, 2026

technology budget water finance procurement

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

The Frame

What this does

This contract authorizes the expenditure of up to $1,224,000 in public funds for financial software to assist in the long-term planning and budgeting processes for Austin Water and Austin Financial Services.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Austin Water

The department will implement the new software and provide $162,800 in initial funding.

Austin Financial Services

The department will implement the new software and provide $41,200 in initial funding.

PFM Solutions LLC

The company is the designated vendor for the software contract.

What changed

Last recorded activity May 28, 2026.

What's next

Next step not available in the current record.

Summary

The Austin City Council is considering a contract with PFM Solutions LLC to provide Synario financial forecasting software for Austin Water and Austin Financial Services. The agreement covers an initial two-year term with options to extend for three additional years, at a total cost $1,224,000.

Key Facts

The contract total is capped at $1,224,000.
The initial contract term is two years.
The city has the option to extend the contract for three additional one-year periods.
Austin Water is contributing $162,800 from its current operating budget.
Austin Financial Services is contributing $41,200 from its current operating budget.
Funding for years beyond the initial term is subject to future budget availability.

Frequently Asked Questions

What is Synario software used for?

It is a financial forecasting tool used by the city departments for planning and budget analysis.

Is the full $1.2 million being spent immediately?

No, the $1,224,000 is the maximum amount for the entire potential five-year term; only $204,000 is allocated from the current operating budgets.

Why It Matters

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection90% confidence

Multi-Departmental Procurement

The city is consolidating software procurement across two distinct departments (Water and Financial Services) to likely achieve economies of scale.

Austin Water Austin Financial Services

Connected Entities

organizationPFM Solutions LLC“Vendor selected for the software contract.”Map →

organizationAustin Water“Department receiving software and providing initial funding.”Map →

organizationAustin Financial Services“Department receiving software and providing initial funding.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

Publisher tools