Requested Agenda Date:
1/23/2024
Requested Agenda Title:
Title
Budget Adjustment: Mayor’s Finance requests an additional $8,101 to cover PaymentWorks rate increase. This increase will be offset by an increase in P-card rebate revenue, and the new EarlyPay PaymentWorks program.
Body
Requested Agenda Item Description: We need to adjust the 2024 PaymentWorks expense budget to match the Carahsoft PaymentWorks contract. This expense increase is offset by an increase in P-card rebate revenue, and the new EarlyPay PaymentWorks program, which makes this adjustment budget neutral.
Requested Action: Discussion - Vote Needed
Presenter(s) (with titles): Hoa Nguyen, Council Budget and Policy Analyst
Time Needed: Less than 5 MINS
Is this Item Time-Sensitive and/or Requesting a Time-Certain? No
Requesting Staff Member: Darrin Casper, Deputy Mayor of Finance and Administration CFO
Are Supporting Documents Needed for this Agenda Item Request? Yes