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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|
Series |
Principal Amount |
Interest Due |
Payable Date |
|
A-1 |
$150,000 |
$1,239.04 |
11/05/2024 |
|
A-1 |
$6,180,000 |
$51,810.41 |
11/05/2024 |
|
A-1 |
$6,120,000 |
$49,991.18 |
11/05/2024 |
|
A-1 |
$2,290,000 |
$37,643.84 |
11/12/2024 |
|
A-1 |
$7,990,000 |
$126,417.12 |
11/12/2024 |
|
A-1 |
$970,000 |
$15,147.95 |
11/12/2024 |
|
C |
$1,880,000 |
$15,529.32 |
11/05/2024 |
|
C |
$6,310,000 |
$52,900.27 |
11/05/2024 |
|
D-2 |
$16,360,000 |
$69,482.94 |
11/01/2024 |
|
D-2 |
$660,000 |
$1,414.03 |
11/01/2024 |
|
D-3 |
$1,730,000 |
$7,521.95 |
11/01/2024 |
|
D-3 |
$410,000 |
$878.41 |
11/01/2024 |
|
K-2 |
$3,835,000 |
$21,982.09 |
10/31/2024 |
|
Total |
$451,958.55 |
|
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 |
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|
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Location:
Address (if applicable):
Precinct(s): Choose an item.
|
Fiscal and Personnel Summary |
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Service Name |
|
|
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|
Current Fiscal Year Cost |
Annual Fiscal Cost |
|
|
Labor |
Non-Labor |
Total |
Recurring Expenses |
|
Funding Sources |
|
|
Existing Budget |
|
|
|
|
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Other |
$ |
$451,958.55 |
$451,958.55 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Current Budget |
$ |
$451,958.55 |
$451,958.55 |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Request |
$ |
$451,958.55 |
$451,958.55 |
$ |
|
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 |
- |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: October 29, 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