City Council

(20)\n25-0882\nBUDGET AND FINANCE COMMITTEE REPORT relative to a transfer\nof funds to balance salary accounts impacted by overtime costs for the\nLos Angeles Fire Department (LAFD).\nRecommendations for Council action, pursuant to Motion (Lee –\nMcOsker), SUBJECT TO THE APPROVAL OF THE MAYOR:\n1. AUTHORIZE the Controller to transfer $3,000,000 from the\nUnappropriated Balance Fund No. 100/58, Mutual Aid Account\nNo. 580274, and $7,000,000 from Salaries Sworn Account No.\n001012, for a total of $10,000,000 to Overtime Sworn Account\nNo. 001092 to cover projected funding needs in this account\nthrough at least mid-year.\n2. AUTHORIZE and INSTRUCT the City Administrative Officer\n(CAO) and Controller to take any necessary actions and make\nany technical corrections to the above instructions in order\nto effectuate the intent of this Motion.\nFiscal Impact Statement: Neither the CAO nor the Chief Legislative\nAnalyst has completed a financial analysis of this report.