City Council

(11) 23-0631 CD 10 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to reappropriating $5.3 million in Fiscal Year (FY) 2023-24 Capital Technology Improvement Expenditure Program funds from the Old Arlington Library project to the Pio Pico Library Pocket Park and Underground Garage project. Recommendations for Council action, pursuant to Motion (Hutt – Hernandez), SUBJECT TO THE APPROVAL OF THE MAYOR: DESIGNATE, ALLOCATE, TRANSFER and APPROPRIATE $5.3 million in FY 23-24 Capital and Technology Improvement Expenditure Program (Municipal Facilities) funds from the Old Arlington Library (former Washington Irving) project to the Pio Pico Library Pocket Park and Underground Garage project. AUTHORIZE the City Administrative Officer (CAO) to make any corrections, clarifications or revisions to the above fund transfer instructions, including any new instructions, in order to effectuate the intent of this Motion, and including any corrections and changes to fund or account numbers; said corrections / clarifications / changes may be made orally, electronically or by any other means. Fiscal Impact Statement: Neither the CAO nor the Chief Legislative Analyst has completed a financial analysis of this report.