|
Legislation Details
|
File #:
|
24-3361
Version:
1
|
Name:
|
|
|
Type:
|
Commercial Paper
|
Status:
|
Passed
|
|
On agenda:
|
6/4/2024
|
Final action:
|
6/4/2024
|
|
Title:
|
Request for approval to pay commercial paper interest.
|
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 |
$7,990,000 |
$80,184.58 |
6/11/2024 |
|
A-1 |
$970,000 |
$9,734.55 |
6/13/2024 |
|
C-2 |
$1,000,000 |
$12,178.08 |
6/06/2024 |
|
C |
$8,050,000 |
$77,522.60 |
6/07/2024 |
|
C |
$20,230,000 |
$203,020.52 |
6/11/2024 |
|
C |
$16,500,000 |
$165,587.67 |
6/11/2024 |
|
C |
$5,640,000 |
$68,236.27 |
6/13/2024 |
|
C |
$1,330,000 |
$13,347.37 |
6/13/2024 |
|
C |
$4,150,000 |
$41,647.81 |
6/13/2024 |
|
D |
$18,750,000 |
$195,770.55 |
6/11/2024 |
|
D |
$10,000,000 |
$106,438.36 |
6/13/2024 |
|
D |
$840,000 |
$8,600.22 |
6/13/2024 |
|
D |
$4,680,000 |
$46,966.68 |
6/13/2024 |
|
D |
$160,000 |
$1,605.70 |
6/13/2024 |
|
D-3 |
$300,000 |
$952.03 |
6/04/2024 |
|
K |
$153,250,000 |
$872,813.18 |
6/11/2024 |
|
K |
$3,210,000 |
$16,207.87 |
6/11/2024 |
|
K |
$470,000 |
$1,598.00 |
6/11/2024 |
|
K-2 |
$1,820,000 |
$10,498.32 |
6/06/2024 |
|
K-2 |
$4,680,000 |
$17,006.56 |
6/06/2024 |
|
K-2 |
$10,500,000 |
$80,672.13 |
6/11/2024 |
|
K-2 |
$4,000,000 |
$19,934.43 |
6/11/2024 |
|
K-2 |
$1,080,000 |
$3,611.80 |
6/11/2024 |
|
K-2 |
$7,830,000 |
$25,062.42 |
6/11/2024 |
|
K-2 |
$16,190,000 |
$36,228.44 |
6/11/2024 |
|
Total |
$2,115,426.14 |
|
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 |
$ |
$2,115,426.14 |
$2,115,426.14 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Current Budget |
$ |
$2,115,426.14 |
$2,115,426.14 |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Request |
$ |
$2,115,426.14 |
$2,115,426.14 |
$ |
|
Personnel (Fill out section only if requesting new PCNs) |
|
|
Current Position Count for Service |
- |
- |
- |
- |
|
Additional Positions Request |
- |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: June 4, 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
|