City Council

20. CONSIDERATION OF APPROVAL OF AN AGREEMENT WITH NHA ADVISORS, LLC. FOR\nLIVE AND RECORDED TRAINING ON THE FIVE-YEAR DYNAMIC FORECAST MODELING\nTOOL, FOR A NEW TOTAL NOT-TO-EXCEED AMOUNT OF $33,000, AND DISCUSSION AND\nDIRECTION ON THE USE OF THE DYNAMIC FORECAST MODELING TOOL IN\nCONJUNCTION WITH THE CITY’S BUDGET DEVELOPMENT PROCESS FOR FISCAL YEAR\n2024-2025\nRecommendation\nIt is recommended that the City Council:\n1. Approve an Agreement with NHA Advisors, LLC in the additional amount of $3,500 for a live\nand recorded training on the dynamic forecast modeling tool for a new total not-to-exceed\namount of $33,000; and\n2. Provide direction to staff on the use of the dynamic forecast modeling tool as part of the FY\n2024-25 budget development process.