City Council

(4) 23-0085 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to the current process of paying City vendors, best practices of the County of Los Angeles and other municipalities, and next steps necessary to ensure city vendor invoices are paid within 30-90 days. Recommendation for Council action, pursuant to Motion (Blumenfield – Raman): REQUEST the City Controller and the City Clerk, in consultation with the City Administrative Officer (CAO) and Office of Finance, to report within 90 days on the current process of paying City vendors, best practices of the County of Los Angeles and other municipal governments and advise what must happen to expedite this process and ensure that invoices are paid within 30-90 days maximum.