Vote — approved

Bill Gates	yes
Clint Hickman	yes
Thomas Galvin	yes
Steve Gallardo	yes

59.ELECTRONIC FUNDS TRANSFER AUTHORIZATION Pursuant to the Electronic Fund Transfer Policy A2512, the Office of Budget and Finance is requesting authorization to have the Treasurer’s Office process Electronic Funds Transfers (wire transfers) due to the Trustee(s) for annual debt service payments for certificates of participation in the amount of $96,759,207 and pledged revenue obligations in the amount of $254,331,294, and other County business as necessary in Fiscal Year 2023. The payments have

Item Text

59. ELECTRONIC FUNDS TRANSFER AUTHORIZATION Pursuant to the Electronic Fund Transfer Policy A2512, the Office of Budget and Finance is requesting authorization to have the Treasurer’s Office process Electronic Funds Transfers (wire transfers) due to the Trustee(s) for annual debt service payments for certificates of participation in the amount of $96,759,207 and pledged revenue obligations in the amount of $254,331,294, and other County business as necessary in Fiscal Year 2023. The payments have been budgeted. The Office of Budget and Finance requests for authorization to the Treasurer’s Office will come from the Chief Financial Officer, Cynthia Goelz, and Deputy Finance Director, Bridget Harper. Debt Service payments require guaranteed funds. The Office of Budget and Finance will prepare corresponding journal vouchers to record the EFT transactions on the County’s Financial (Accounting) System in the same accounting period as the EFT. (C-18-22-179-X-00)

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