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 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Current Budget |
$ |
$981,316.87 |
$981,316.87 |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Request |
$ |
$981,316.87 |
$981,316.87 |
$ |
|
Personnel (Fill out section only if requesting new PCNs) |
|
|
Current Position Count for Service |
- |
- |
- |
- |
|
Additional Positions Request |
- |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: July 15, 2024
Anticipated Implementation Date (if different from Court date):
Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item
Contact(s) name, title, department: Amy Perez, Deputy Executive Director, Office of Management and Budget
Attachments (if applicable): N/A