Review Agenda Item
Meeting Date: 5/22/2025 - 6:00 PM
Category: Purchasing
Type: Action
Subject: 13.32 MyBudgetFile Annual Licensing and Support Purchasing Reference 10090
Strategic Plans:
Priority 1.2
1.2 Adopt a sustainable fiscal strategy and operating budget that is aligned with the strategic plan and drives district priorities.
Enclosure MyBudgetFile Annual Licensing & Support quote
File Attachment:
10090 Annual Licensing and Support (Mybudgetfile Inc) Budget quote.pdf
Summary: WHEREAS, the Newark Board of Education currently utilizes and desires to continue to utilize the MyBudgetFile application software for annual licensing and support; and

WHEREAS, the budgeting application software assists the District in creating meaningful financial plans that support educational goals, bringing academic planning and financial planning together; and

WHEREAS, in accordance with N.J.S.A 18A:18A-5a (19), the District is authorized to award a contract without public advertising for the provision or performance of goods and services for the support or maintenance of proprietary computer hardware and software; and

WHEREAS, the contract period shall be for one (1) year commencing July 1, 2025 through June 30, 2026; and

WHEREAS, the recommendation for award of term contract has been reviewed and approved by Elvis Matos, Director of Budget.
Funding : Subject to the availability of funds.
10-11-000-251-340-305-000-000
Recommendation to the Board: NOW THEREFORE BE IT RESOLVED that the Newark Board of Education accepts and approves the award of term contract for MyBudgeFile Annual Licensing and Support from July 1, 2025 through June 30, 2026 as follows:

MyBudgetFile Inc., Minneapolis, MN at a cost not to exceed $66,790.00

EXPLANATION: To purchase the annual licensing and support of MyBudgetFile.com to assist with budget allocation.
Approvals:
Recommended By:
Signed By:
Susan Balbosa - Contract Administrator 2
Signed By:
Elvis Matos - Director of Budget
Signed By:
Sherelle Spriggs - Director Support Services
Signed By:
Valerie Wilson - School Business Administrator
Signed By:
Roger León - Superintendent
Vote Results:

Original Motion
Member Josephine Garcia Moved, Member Helena Vinhas seconded to approve the Original motion 'NOW THEREFORE BE IT RESOLVED that the Newark Board of Education accepts and approves the award of term contract for MyBudgeFile Annual Licensing and Support from July 1, 2025 through June 30, 2026 as follows:

MyBudgetFile Inc., Minneapolis, MN at a cost not to exceed $66,790.00

EXPLANATION: To purchase the annual licensing and support of MyBudgetFile.com to assist with budget allocation.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
Hasani Council     Yes
Josephine Garcia     Yes
Vereliz Santana     Yes
Allison K. James-Frison     Yes
Helena Vinhas     Yes
Kanileah Anderson     Yes
David I. Daughety     Yes
Louis Maisonave, Jr.     Yes