Meeting Type: BCC Regular Meeting
Meeting Date: 8/4/2020
Item Status: New
From: Cian Harrison, Clerk Treasurer
Submitted by: Cian Harrison, Clerk Treasurer
______________________________________________________________________
ITEM TITLE
Title
Wolters Kluwer CCH Accounting Research Manager for Government - Government Library Subscription
Body
STAFF RECOMMENDATION
Recommendation
Take the following actions:
1) Approve an online subscription in the amount of $1,710.27 to Wolters Kluwer for the CCH Accounting Research Manager for Government - Government Library. The subscription is for the time-period beginning on September 1, 2020 and ending on August 31, 2021 with the option to automatically renew the subscription annually; and
2) Authorize the Chairman to execute the agreement between Wolters Kluwer and the Baldwin County Commission for the subscription with automatic annual renewal.
..End
BACKGROUND INFORMATION
Previous Commission action/date: N/A
Background: Wolters Kluwer is a global provider of professional information, software solutions, and services for Accounting and Law firms. One of their products, CCH Accounting Research Manager, is a complete source of government accounting standards including GASB, GAO, Governmental GAAP and more. It provides information and organizes content in a comprehensive online library with cross references and time-saving examples and illustrations.
The Finance and Accounting Department has previously gathered this information from multiple sources and relied on interpreting new pronouncements internally.
FINANCIAL IMPACT
Total cost of recommendation: $1,710.27
Budget line item(s) to be used: 51700.5409 (Subscriptions)
If this is not a budgeted expenditure, does the recommendation create a need for funding? There is no need to create a funding source for the cost of this subscription.
This expenditure is not budgeted in the budget line item referenced above, however there are additional funds available in budget line item 51700.5235 (Computer Software & Maintenance) that needs to be reallocated to cover this cost.
LEGAL IMPACT
Is legal review necessary for this staff recommendation and related documents?
Yes, Brad Hicks, County Attorney reviewed.
Reviewed/approved by: Reviewed by Brad Hicks, County Attorney
Additional comments: N/A
ADVERTISING REQUIREMENTS
Is advertising required for this recommendation? No
If the proof of publication affidavit is not attached, list the reason: N/A
FOLLOW UP IMPLEMENTATION
For time-sensitive follow up, select deadline date for follow up: N/A
Individual(s) responsible for follow up: N/A
Action required (list contact persons/addresses if documents are to be mailed or emailed): Administration - please have the Agreement signed by the Chairman and return to Cian Harrison.
Budget Department - please process a budget transfer in the amount of $2,000 from 51700.5235 (Computer & Software Maintenance) to 51700.5409 (Subscriptions).
Cian Harrison will email the signed documents to Wolters Kluwer and provide payment for the subscription.
Additional instructions/notes: N/A