05 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: 02/04/2020
ITEM NO: 5
DATE: February 4, 2020
TO: Mayor and Town Council
FROM: Laurel Prevetti, Town Manager
SUBJECT: Authorize Revenue and Expenditure Budget Adjustments in the Amount of
$19,219 to Recognize Receipt and Expenditure of Pacific Library Partnership
Grant Funds
RECOMMENDATION:
Authorize revenue and expenditure budget adjustments in the amount of $19,219 to recognize
receipt and expenditure of Pacific Library Partnership grant funds.
BACKGROUND:
The Library has been successful in obtaining two grants totaling $19,219 from the Pacific Library
Partnership. One grant in the amount of $14,400 will be used to purchase desktop laser cutters
which will be available for patron use and incorporated into STEM programing activities. The
second grant in the amount of $4,819 will be used to purchase additional e-book titles for the
Library’s CloudLibrary platform.
FISCAL IMPACT:
Expenditures in the amount of $19, 219 will be reimbursed by an equal amount of grant
revenue received. Grant revenues 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.