To: Harris County Commissioners Court
Through: Amy Perez, Director of Financial Management, Budget Management Department
prepared
Prepared By: Rebecca Garcia, Debt Analyst, Budget Management Department
Subject: Commercial Paper Project Approval
end
Project ID (If applicable]:
Purpose and Request:
title
Request for approval of commercial paper funding for Universal Services for the FY22 Rollover Vehicles project in the amount of $885,000.
end
Background and Discussion:
Commissioners Court had authorized a total of $369,641.28 for the Constable Precinct 2 patrol vehicles project to date. Universal Services requests funding of $370,000 for a total CP funding of $370,000. Total CP funding exceeds total court authorized amount because Commercial Paper is issued in increments of $5,000.
Fiscal Impact:
|
Fiscal Summary |
|
Expenditures |
FY 20-21 |
FY 21-22 Projected |
Future Years Projected [3 additional years] |
|
Service Impacted: [Please provide service or division where expenditure will be used]* |
|
|
|
|
Existing Budget |
|
|
|
|
Additional Appropriation Requested |
|
|
|
|
Total Expenditures |
|
|
|
|
Funding Sources |
|
|
|
|
Existing Department Budget |
|
|
|
|
Please Identify Funding Source (General Fund, PIC, Special Revenue, Grant, Etc.) |
|
|
|
|
[INSERT FUNDING SOURCE HERE]* |
|
|
|
|
Total Sources |
|
|
|
Alternatives: N/A
Alignment with Strategic Objective: N/A
Attachments: CP Funding Letter