Department: Management and Budget
Department Head/Elected Official: David Berry, County Administrator
Regular or Supplemental RCA:
☒ Regular RCA
☐ Supplemental RCA
Type of Request: Commercial Paper
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWDBE Participation (if applicable): N/A
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 balance.
|
Series |
Principal Amount |
Interest Due |
Payable Date |
|
J-1 |
$5,250,000 |
$2,537.26 |
09/28/2021 |
|
Total |
$2,537.26 |
|
Expected Impact: N/A
Alternative Options: N/A
Alignment with Goal(s):
☐ Justice and Safety
☐ Economic Opportunity
☐ Housing
☐ Public Health
☐ Transportation
☐ Flooding
☐ Environment
☐ Governance and Customer Service
Prior Court Action (if any): N/A
Location:
Address (if applicable list below):
☒ Countywide
☐ Precinct 1
☐ Precinct 2
☐ Precinct 3
|
☐ Precinct 4Fiscal and Personnel Summary |
|
Service Name |
Debt Service |
FY 21-22 |
Estimates |
|
|
|
|
FY 22 |
Next 3 FYs |
|
Incremental Expenditures |
|
Labor Expenditures |
- |
- |
- |
|
Non-Labor Expenditures |
- |
- |
- |
|
Total Incremental Expenditures |
- |
- |
- |
|
Funding Sources (General Fund, PIC Fund, Debt or CP, Grants, or Other - Please Specify) |
|
Existing Budget |
Debt Service Ad Valorem Tax |
2.54K |
- |
- |
|
|
- |
- |
- |
- |
|
|
- |
- |
- |
- |
|
Total Current Budget |
2.54K |
- |
- |
|
Additional Budget Requested |
- |
- |
- |
- |
|
|
- |
- |
- |
- |
|
|
- |
- |
- |
- |
|
Total Additional Budget Requested |
- |
- |
- |
|
Total Funding Sources |
2.54K |
- |
- |
|
Personnel (Fill out section only if requesting new PCNs) |
|
Current Position Count for Service |
- |
- |
- |
|
Additional Positions Requested |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
Anticipated Implementation Date: September 14, 2021
Emergency/Disaster Recovery Note:
☒ Not an emergency, disaster recovery, or COVID-19 related item
☐ Emergency Item
☐ COVID-19 related Item
☐ Disaster Recovery related Item
Contact(s) name, title, department: Amy Perez, Director, Financial Management, Office of Management and Budget
Attachments (if applicable): N/A