13. Subscription-Based Information Technology

City Commission · 2026-05-13 · agenda_item

The City of Winter Park is reviewing a subscription-based information technology arrangement for law enforcement. This includes TASERs, body cameras, and evidence storage software. The city entered into a 5-year commitment in 2025. The total subscription liability was $1,158,770 as of September 30, 2025, with annual fixed payments of $308,838. This item is under review as part of the city's financial reporting. The project involves ongoing software subscriptions and equipment provision. Local businesses that provide IT services, security systems, and related equipment could find opportunities. Engaging early before final procurement processes are completed may offer a competitive advantage.

subscription liability

1158770 $

annual fixed payments

308838 $

interest rate

2.61 %

right-to-use asset

1467608 $

accumulated amortization

195681 $

principal and interest payments 2026

308838 $

principal and interest payments 2027

308838 $

principal and interest payments 2028

308838 $

principal and interest payments 2029

308838 $

total principal payments

1158770 $

total interest payments

76582 $

total payments

1235352 $