Finance

The company, which sells financial management software to public agencies, recently bought coUrbanize. The deal is paying off with Gravity’s newest product offerings. Its CEO gives the details.

Plus, a digital inclusion nonprofit filed a lawsuit challenging the repeal of the Digital Equity Act, a new class of Vermont broadband technicians have graduated, New Mexico is expanding public Wi-Fi, and more.

A new report from the National Association of State Chief Information Officers examines the role of state chief data officer with perspective from 27 people occupying that position, on everything from experience to funding.

City Council members unanimously approved a motion to amend the city’s Homeless Action Plan with AI-generated recommendations from ChatGPT. The shift restricts how public funds can be used.

Plus, a new Arizona partnership aims to expand Internet access in the state along Interstate 17; Cook County, Ill., is planning a learning symposium event for Digital Inclusion Week; and more.

The company joins a handful of other government technology suppliers that are publicly traded. Via, which was founded in 2012, could now be on the hunt for acquisitions, according to its CEO.

The newest fund from Veritas raised 35 percent more capital than the previous fund, which closed in 2022. The news comes amid a robust time for investment and mergers in government technology.

A month after a ransomware attack hit Minnesota's capital city, Mayor Melvin Carter is proposing a $1 million cyber investment. Still, the IT department is set to receive less new spending than many other departments.

The new virtual assistant uses artificial intelligence to respond to tax queries. The state Department of Tax and Fee Administration hopes it can eliminate the need to shift workers when call volumes spike.

The seller of software for local governments and school districts has launched three AI tools to assist in various budget processes. The company’s CEO discusses the move and where AI is headed.

It’s been a busy summer for the business of government technology, and the deals are not over. Gravity focuses on budgeting and compliance while coUrbanize’s specialty is community engagement.

A tech vendor helped the city score and peer-review data points, with artificial intelligence ultimately finding ways to save between $19.4 million and $28.4 million. Officials have already taken steps to cut costs.

With its release, the state aims to enable secure, efficient digital payments. The Wyoming Stable Token Commission has said it is the first blockchain-based stable token issued by a U.S. public entity.

L.A. CIO Ted Ross and L.A. County CIO Peter Loo talked about the financial realities their organizations face, at the Los Angeles Digital Government Summit. Real-world solutions to real-world problems, they said, are key.

The procurement software company, bought by KKR in 2024, also sold six business units with duties outside the gov tech space. Tom Spengler, a gov tech veteran and the new SOVRA leader, discusses the changes.

An audit and a deep dive on software redundancies helped officials realize the savings, part of a much larger initiative. The city’s strategic plan on various efficiency efforts saved a combined total of more than $116 million.

Plus, a U.S. senator is calling on Arielle Roth to fund NTIA programs as Congress authorized, federal broadband legislation could create more accountability, Kansas is investing in digital literacy training, and more.

The county’s 2026 preliminary budget, which got a first look Tuesday, represents a $37 million increase over 2025. Priorities included cybersecurity and IT — which rose from $19 million to $39 million.