Thursday, April 14, 2005

VITA Facing Financial Issues VITA, Virginia's recently consolidated IT department had $20 million in retained earnings last July.  Now (end of February) they're $1.4 million in the red.  That's peligroso to let that happen with a newly consolidated organization.  And they're expecting an even bigger deficit in the future unless agency rates are increased to recover extra costs for cybersecurity, an important initiative to be sure, but dangerous nevertheless.  Maybe that's not entirely accurate.  A closer look down the article points out a cashflow problem.  I think that also may indicate an accounting or reporting problem.  In my ISF, we maintain near real-time information, but only post revenues once a month.  It occurs electronically so the revenues post almost immediately when the bills go out.  At the first of the month, we look good and fall behind until the revenues post again. As LaVarr points out, I am currently leading a cross-agency team in performing a statewide inventory of IT assets and resources.  We are planning to gather information in fifteen information technology areas as preparation to implement HB109: Agency Service Needs Architecture and Products Business Communications Centers of Excellence Data Centers & Networks Desktop Standards Development Environments Grants and Contracts Information Systems Procurement Product Inventory Project Management Security Skill & Job Activity Storage and Coop Voice and Wireless This process will be completed by June 30th. Paul Allen points out some of the progress broadband developments in Utah. Tomorrow is tax deadline.  Be sure to file online if you've waited until now. 6:13:58 PM    comment []

© Copyright 2005 David Fletcher.