Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director
Secondary Department: Universal Services
Secondary Department Head/Elected Official: Sindhu Menon, Executive Director & CIO
Regular or Supplemental RCA: Supplemental RCA
Type of Request: Commercial Paper
Project ID (if applicable): NI007
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request by the Office of Management and Budget for approval of commercial paper funding for Universal Services for the Cyber Security project in the additional amount of $705,000 for a total CP funding of $6,730,000.
end
Background and Discussion:
Commercial Paper Series A-1 can be used for (1) construction of public works, (2) the purchase of automobiles, equipment and machinery, including computers, materials and supplies for the operation of the County’s precincts and departments (3) Professional services, including services provided by engineers, architects, attorneys, auditors, financial advisors, and fiscal agents, in connection with the contractual obligations described in (1) and (2).
Commercial Paper is being requested for the Cyber Security project and is expected to be repaid within the next three fiscal years either through bonds, budgetary means or pay-as-you-go sources. This is for approval for allocation of commercial paper for a previously approved project within the previously authorized amount.
HB 1869 compliance confirmed by: Paige Abernathy, Assistant County Attorney, September 10, 2024.
Expected Impact:
This project is for an ongoing cybersecurity program based on a best-practices. This project includes the design and implementation of new protective controls, expansion of existing security services, and the ongoing analysis and optimization of existing cybersecurity controls. Specific cybersecurity services prioritized for this phase of the program include advanced authentication, identity & access management, threat intelligence, threat monitoring/response, incident management, risk assessment and governance solutions. Program components include Security Information & Event Management (SIEM), security operation center (SOC) (24-7 Monitoring) services, and threat intelligence services; all of which provide the technology and services necessary to enable early detection of advanced cyber threats against the county's network and IT services.
Alternative Options:
No alternatives have been identified for this project.
County Strategic Plan Goal: 2. Connect our community with safe, reliable, equitably distributed, and well-maintained infrastructure.
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): N/A
Infrastructure Initiative (Goal 2): N/A
Economy Initiative (Goal 3): N/A
Health Initiative (Goal 4): N/A
Climate/Resilience Initiative (Goal 5): N/A
Housing Initiative (Goal 6): N/A
Additional notes related to the Strategic Plan:
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
06/24/2014 |
CIP |
Project authorization |
|
07/22/2014 |
3.d |
CP funding allocated for Phase I |
|
07/14/2015 |
2.f.4 |
CP funding allocated for Phase I |
|
06/28/2016 |
CIP |
Project authorization |
|
07/19/2016 |
2.f.3 |
CP funding allocated for Phase I |
|
07/10/2018 |
6.b.6 |
Project authorization |
|
07/31/2018 |
4.j.3 |
CP funding allocated for Phase II |
|
08/25/2020 |
4.f.2 |
CP funding allocated for Phase II |
|
03/09/2021 |
21-718 |
Project authorization |
|
01/25/2022 |
22-0637 |
CP funding allocated for Phase II |
|
02/22/2022 |
22-1291 |
Project authorization |
|
03/08/2022 |
22-1753 |
Request for approval of commercial paper funding for $1,000,000 |
|
11/29/2022 |
22-7519 |
Request for approval of the FIM for an additional incremental authorization of $3,052,500 for an FY 2023 total authorization of $6,752,500. |
|
8/29/2023 |
23-4823 |
Request for approval of the FIM for the Cyber Security project for an additional incremental authorization. |
|
10/08/2024 |
24-6287 |
Request for approval of the FIM for an additional incremental authorization of $5,536,500 for an FY2025 total authorization of $5,736,500. |
|
01/09/2025 |
25-0050 |
CP funding in the amount of $650,000 (Series D) |
Location:
Address (if applicable): N/A
Precinct(s): Countywide
|
Fiscal and Personnel Summary |
|
Service Name |
Cyber Security |
|
|
|
Current Fiscal Year Cost |
Annual Fiscal Cost |
|
|
Labor |
Non-Labor |
Total |
Recurring Expenses |
|
Funding Sources |
|
|
Existing Budget |
|
|
|
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Existing Budget |
$ |
$ |
$ |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Commercial Paper |
$ |
$705,000 |
$705,000 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$705,000 |
$705,000 |
$ |
|
Total Funding Sources |
$ |
$705,000 |
$705,000 |
$ |
|
Grants - Proposed Budget (To be filled out by Grants staff only) |
|
|
Labor |
Non-Labor |
Total |
No. of Grant Years |
|
Local Match Source - Existing Budget: Choose an item. |
$ |
$ |
$ |
|
|
Local Match Source - Additional Budget Request: Choose an item. |
$ |
$ |
$ |
|
|
Grant Funds Applied for/Awarded (Total) |
$ |
$ |
$ |
|
|
Personnel (Fill out section only if requesting new PCNs) |
|
|
Current Position Count for Service |
- |
- |
- |
- |
|
Additional Positions Request |
- |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: 4/10/2025
Anticipated Implementation Date (if different from Court date): Click or tap to enter a 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