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 paper balance.
|
|
|
|
|
|
Series |
Principal Amount |
Interest Due |
Payable Date |
|
A-1 |
$6,500,000 |
$19,624.66 |
10/06/22 |
|
B |
$4,239,000 |
$11,253.67 |
10/05/22 |
|
B |
$5,636,000 |
$14,962.42 |
10/05/22 |
|
D |
$200,000 |
$569.59 |
10/05/22 |
|
D |
$4,600,000 |
$6,213.15 |
10/05/22 |
|
D |
$1,000,000 |
$3,019.18 |
10/06/22 |
|
D |
$2,800,000 |
$6,267.40 |
10/06/22 |
|
D |
$3,400,000 |
$3,423.29 |
10/06/22 |
|
D-3 |
$800,000 |
$1,656.99 |
10/05/22 |
|
D-3 |
$3,500,000 |
$3,624.66 |
10/05/22 |
|
J-1 |
$5,075,000 |
$7,124.47 |
10/05/22 |
|
J-1 |
$10,150,000 |
$14,757.82 |
10/06/22 |
|
K |
$29,300,000 |
$39,559.01 |
10/06/22 |
|
K |
$1,800,000 |
$1,974.58 |
10/06/22 |
|
Total |
$134,030.89 |
|
Expected Impact: N/A
Alternative Options: N/A
Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
_ 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 |
CP Interest Payment |
|
|
SFY 22 |
FY 23 |
Next 3 FYs |
|
Incremental Expenditures (do NOT write values in thousands or millions) |
|
Labor Expenditures |
$ |
$ |
$ |
|
Non-Labor Expenditures |
$ |
$134,030.89 |
$ |
|
Total Incremental Expenditures |
$ |
$134,030.89 |
$ |
|
Funding Sources (do NOT write values in thousands or millions) |
|
Existing Budget |
|
Other |
$ |
$134,030.89 |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Total Current Budget |
$ |
$134,030.89 |
$ |
|
Additional Budget Requested |
|
Choose an item. |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
|
Total Additional Budget Requested |
$ |
$ |
$ |
|
Total Funding Sources |
$ |
$134,030.89 |
$ |
|
Personnel (Fill out section only if requesting new PCNs) |
|
Current Position Count for Service |
- |
- |
- |
|
Additional Positions Requested |
- |
- |
- |
|
Total Personnel |
- |
- |
- |
Anticipated Court Date: September 27, 2022
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