05 Staff Report.Library Grant
PREPARED BY: Ryan Baker
Library Director
Reviewed by: Town Manager, Assistant Town Manager, Town Attorney, and Finance Director
110 E. Main Street Los Gatos, CA 95030 ● (408) 354-6832
www.losgatosca.gov
TOWN OF LOS GATOS
COUNCIL AGENDA REPORT
MEETING DATE: 03/05/2024 ITEM NO: 5
DATE: February 20, 2024
TO: Mayor and Town Council
FROM: Laurel Prevetti, Town Manager
SUBJECT: Authorize Revenue and Expenditure Budget Adjustments in the Amount of
$5,531 to Recognize Receipt and Expenditure of Pacific Library Partnership
Grant Funds
RECOMMENDATION:
Authorize revenue and expenditure budget adjustments in the amount of $5,531 to recognize
receipt and expenditure of Pacific Library Partnership grant funds.
BACKGROUND:
The Library has been successful in obtaining a grant in the amount of $5,531 from the Pacific
Library Partnership. Grant funds will be used to purchase e-books.
FISCAL IMPACT:
Grant revenues totaling $5,531 will be recorded to account 7801-43343 and be expended from
account 7801-61172.
ENVIRONMENTAL ASSESSMENT:
This is not a project defined under CEQA, and no further action is required.