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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: 02/06/2018 ITEM NO: 10 DATE: FEBRUARY 6, 2018 TO: MAYOR AND TOWN COUNCIL FROM: LAUREL PREVETTI, TOWN MANAGER SUBJECT: ACCEPT A CALIFORNIA STATE LIBRARY GRANT IN THE AMOUNT OF $10,000 AND AUTHORIZE A REVENUE AND EXPENDITURE BUDGET ADJUSTMENT IN THE AMOUNT OF $10,000 TO RECOGNIZE RECEIPT AND USE OF GRANT FUNDS. RECOMMENDATION: Accept a California State Library Grant in the amount of $10,000, and authorize a revenue and expenditure budget adjustment in the amount of $10,000 to recognize receipt and use of grant funds. BACKGROUND: The Library has been successful in obtaining a $10,000 grant from the California State Library to purchase equipment and supplies for technology-based programming. Utilizing these grant funds, the Library will be purchasing educational science and technology kits and supplies for offering Science, Technology, Engineering and Mathematics (STEM) themed programs. FISCAL IMPACT: Expenditures in the amount of $10,000 from account 7801-61172, Library Operating Grants; Youth Collections, will be offset by grant funding deposited to account 7801-43343, Library Operating Grants; Grant Revenue. ENVIRONMENTAL ASSESSMENT: This is not a project defined under CEQA, and no further action is required.