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
C
$ 2,050,000
$ 26,891.51
05/01/24
D-2
$ 10,290,000
$ 88,071.12
05/03/24
D-2
$ 5,750,000
$ 48,300.00
05/03/24
K-2
$ 4,680,000
$ 25,957.38
05/02/24
K-2
$ 7,830,000
$ 23,746.72
05/09/24
Total
$212,966.73
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
$
$212,966.73
$212,966.73
$
Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Total Current Budget
$
$212,966.73
$212,966.73
$
Additional Budget Request (Requires Fiscal Review Request Form)
Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Choose an item.
$
$
$
$
Total Additional Budget Request
$
$
$
$
Total Funding Request
$
$212,966.73
$212,966.73
$
Personnel (Fill out section only if requesting new PCNs)
Cur...
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