File #: 23-0773    Version: 1
Type: Agenda Item Status: Approved
File created: 4/5/2023 In control: Board of Supervisors
On agenda: 5/2/2023 Final action: 5/2/2023
Title: Treasurer-Tax Collector Department recommending the Board approve the continuation of the perpetual agreement with Bloomberg Finance LP for an estimated annual contract amount of $29,500 for Fiscal Year 2023-24. FUNDING: General Fund.
Attachments: 1. A - Price Increase, 2. B - Contract

Title

Treasurer-Tax Collector Department recommending the Board approve the continuation of the perpetual agreement with Bloomberg Finance LP for an estimated annual contract amount of $29,500 for Fiscal Year 2023-24.

 

FUNDING:  General Fund.

Body

DISCUSSION / BACKGROUND

Treasurer-Tax Collector Department is recommending the continuation of Contract #567 (formerly Agreement #294-S0211) with Bloomberg Finance LP for investment software services and lease of PC and monitor.  The original perpetual agreement was approved by this Board on  April 9, 2002.  The renewal amount of $29,500 for fiscal year 2023-24 is an estimate.  Actual cost many vary according to the terms of the contract.

 

ALTERNATIVES

N/A

 

PRIOR BOARD ACTION

N/A

 

OTHER DEPARTMENT / AGENCY INVOLVEMENT

NA

 

CAO RECOMMENDATION / COMMENTS

Approve as recommended. 

 

FINANCIAL IMPACT

No change to Net County Cost.  Funding for this agreement has been included in the Department's FY 2023-24 recommended budget.  The cost listed above is an estimate. 

 

CLERK OF THE BOARD FOLLOW UP ACTIONS

N/A

 

STRATEGIC PLAN COMPONENT

Good Governance

 

CONTACT

Karen Coleman, MBA, Treasurer-Tax Collector, 530-621-5803