City Council

(32) 26-0131 BUDGET AND FINANCE COMMITTEE REPORT relative to a transfer of funds to address shortfalls in various Los Angeles Fire Department sworn and civilian salary accounts. Recommendations for Council action, pursuant to Motion (Lee - Yaroslavsky), SUBJECT TO THE APPROVAL OF THE MAYOR: 1. REQUEST the Controller to transfer a total of $5,000,000 from within Fund No. 100/38, LAFD, Account No. 001012, Salaries Sworn, to Account No. 001030, Sworn Bonuses, in the amount of $2,500,000; Account No. 001090, Overtime General, in the amount of $1,000,000; and, Account No. 001092, Overtime Sworn, in the amount of $1,500,000, to cover projected deficits in these accounts. 2. AUTHORIZE and INSTRUCT the City Administrative Officer (CAO), and REQUEST the Controller, to take any necessary actions and make any technical corrections to the above instructions in order to effectuate the intent of this Motion. Fiscal Impact Statement: Neither the CAO nor the Chief Legislative Analyst has completed a financial analysis of this report.