Seal Beach
City Council
Agenda Item I
I. Indirect Cost Allocation Plan - That the City Council: 1. Receive and file the
Fiscal Year 2026-2027 Indirect Cost Allocation Plan prepared by ClearSource
Financial Consulting; 2. Direct staff to utilize the Indirect Cost Allocation Plan,
where appropriate, in future budget development, grant administration, fee
studies, project accounting, cost recovery analyses, and other financial
management activities; and 3. Direct staff to periodically update the Indirect
Cost Allocation Plan to ensure it continues to reflect the City's organizational
structure and operational practices.