City Council

9. Appropriation Adjustment for Spendable Fund Balance from California State Library Building Forward Grant Interest Revenues for Main Library and Newhope Library Projects (Project Nos. 22-1380 and 22-1802) (Non-General Fund) Department(s): Library Recommended Action: Approve an appropriation adjustment recognizing $297,104 in spendable fund balance from California State Library Building Forward Grant Interest for Main Library and Newhope Library Projects in the Public Library Grant, Prior Year Carryforward revenue account and appropriate the funds into the Building Forward Library Grant, Buildings & Building Improvements expenditure account to fund construction expenses. (Requires five affirmative votes)