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.
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|
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Series |
Principal Amount |
Interest Due |
Payable Date |
|
D-2 |
$16,140,000 |
$39,160.50 |
10/17/2024 |
|
D-3 |
$1,300,000 |
$3,029.18 |
10/17/2024 |
|
K |
$2,930,000 |
$17,624.83 |
10/10/2024 |
|
K-2 |
$5,390,000 |
$32,422.47 |
10/10/2024 |
|
K-2 |
$6,650,000 |
$19,459.43 |
10/24/2024 |
|
K-2 |
$4,060,000 |
$23,039.95 |
10/29/2024 |
|
K-2 |
$1,460,000 |
$5,026.23 |
10/29/2024 |
|
Total |
$139,762.59 |
|
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):
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Date |
Agenda Item # |
Action Taken |
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Location:
Address (if applicable):
Precinct(s): Choose an item.
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Fiscal and Personnel Summary |
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Service Name |
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Current Fiscal Year Cost |
Annual Fiscal Cost |
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|
Labor |
Non-Labor |
Total |
Recurring Expenses |
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Funding Sources |
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Existing Budget |
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Other |
$ |
$139,762.59 |
$139,762.59 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
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Total Current Budget |
$ |
$139,762.59 |
$139,762.59 |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
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|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Request |
$ |
$139,762.59 |
$139,762.59 |
$ |
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Personnel (Fill out section only if requesting new PCNs) |
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Current Position Count for Service |
- |
- |
- |
- |
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Additional Positions Request |
- |
- |
- |
- |
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Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: October 8, 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