Department: Management and Budget
Department Head/Elected Official: Daniel Ramos, Executive Director
Regular or Supplemental RCA: Regular RCA
Type of Request: Commercial Paper
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request
Request Summary (Agenda Caption):
title
Request for approval to pay commercial paper interest.
end
Background and Discussion:
Financial Management Section of the Office of Management and Budget requests approval to pay interest on the following outstanding commercial paper interest.
Series
Principal Amount
Interest Due
Payable Date
A-1
$5,470,000
$71,372.26
8/01/2024
C
$10,000,000
$130,479.45
8/01/2024
C
$4,260,000
$55,584.25
8/01/2024
D
$1,500,000
$19,571.92
8/01/2024
D
$13,920,000
$181,627.40
8/01/2024
D
$160,000
$864.00
8/06/2024
D-2
$11,990,000
$72,097.68
8/02/2024
D-2
$1,340,000
$5,161.75
8/02/2024
D-2
$3,790,000
$49,649.00
8/05/2024
D-2
$3,180,000
$34,100.05
8/05/2024
D-2
$16,040,000
$157,798.44
8/05/2024
D-2
$1,610,000
$14,917.86
8/05/2024
D-3
$430,000
$2,571.75
8/02/2024
D-3
$390,000
$2,292.99
8/02/2024
D-3
$100,000
$390.27
8/02/2024
J-1
$19,640,000
$109,499.73
7/23/2024
K-2
$11,000,000
$60,334.70
7/30/2024
K-2
$3,835,000
$13,003.37
7/30/2024
Total
$981,316.87
Expected Impact: N/A
Alternative Options: N/A
Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
X Governance and Customer Service
Prior Court Action (if any):
Date
Agenda Item #
Action Taken
Location:
Address (if applicable):
Precinct(s): Choose an item.
Fiscal and Personnel Summary
Service Name
Current Fiscal Year Cost
Annual Fiscal Cost
Labor
Non-Labor
Total
Recurring Expenses
Funding Sources
Existing Budget
Other
$
$981,316.87
$981,316.87
$
C...
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