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Staff Report 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: 03/19/2019 ITEM NO: 5 DATE: MARCH 8, 2019 TO: MAYOR AND TOWN COUNCIL FROM: LAUREL PREVETTI, TOWN MANAGER SUBJECT: AUTHORIZE BUDGET ADJUSTMENTS IN THE AMOUNT OF: A. $3,290 TO RECOGNIZE RECEIPT AND EXPENDITURE OF PACIFIC LIBRARY PARTNERSHIP GRANT FUNDS, AND B. $3,925 TO RECOGNIZE RECEIPT AND EXPENDITURE CALIFORNIA STATE LIBRARY GRANT FUNDS RECOMMENDATION: Authorize budget adjustments in the amount of: A. $3,290 to recognize receipt and expenditure of Pacific Library Partnership CLSA grant funds, and B. $3,925 to recognize receipt and expenditure of California State Library Grant Funds. BACKGROUND: The Library has been successful in obtaining a $3,290 grant administered by the Pacific Library Partnership for the enhancement of the Library’s CloudLibrary e-book platform. The funds from this grant will be used to purchase digital audio books and e-books which will be shared across CloudLibrary consortia users. The Library has also been successful in obtaining a $3,925 grant administered by the California State Library to host arts related programming for adults and seniors. The funds from this grant will be used to pay for contract instructors and purchase progr am supplies. FISCAL IMPACT: Expenditures in the amount of $3,290 and $3,925 will be reimbursed by the grant revenue. PAGE 2 OF 2 SUBJECT: AUTHORIZE BUDGET ADJUSTMENTS TO RECOGNIZE RECEIPT AND EXPENDITURE OF TWO LIBRARY GRANTS DATE: MARCH 8, 2019 S:\COUNCIL REPORTS\2019\03-19-19\05 Library Grants\Staff Report.FINAL.docx 3/14/2019 8:49 AM SLL ENVIRONMENTAL ASSESSMENT: This is not a project defined under CEQA, and no further action is required.