City Council

(9) 12­1670­S8 NEIGHBORHOODS AND COMMUNITY ENRICHMENT COMMITTEE REPORT relative to the proposed reprogramming and expenditures of the Proposition K administrative funding allocations, and related matters. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. APPROVE the reprogramming and expenditures of the Proposition K administrative funding allocations as further detailed in Attachment A of the February 29, 2024 Proposition K ­ L.A. for Kids Steering Committee report, attached to the Council file. Friday 2. INSTRUCT - April 19,to2024 staff to effectuate take- the necessary actions PAGE 9 the recommendations contained within this report, in order to comply Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. APPROVE the reprogramming and expenditures of the Proposition K administrative funding allocations as further detailed in Attachment A of the February 29, 2024 Proposition K ­ L.A. for Kids Steering Committee report, attached to the Council file. 2. INSTRUCT staff to take the necessary actions to effectuate the recommendations contained within this report, in order to comply with all pertinent hiring policies in effect. 3. AUTHORIZE the City Administrative Officer to make funding adjustments, including the allocation of contingency funds, and prepare technical adjustments as needed to fully commit residual administrative funds and carry out the intent of this Council action, and AUTHORIZE the Controller to implement those technical adjustments. Fiscal Impact Statement: The Proposition K ­ L.A. for Kids Steering Committee reports that there is no additional impact to the General Fund as the funding commitments recommended through the report recommendations are funded by Special Fund monies. Financial Policies Statement: The Proposition K ­ L.A. for Kids Steering Committee further reports that the actions recommended in this report comply with the City’s Financial Policies.