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Q&A
Inquiry about outstanding budget modifications
1:25:23
·
48 sec
Council Member Althea Stevens inquires about the amount the city owes on budget modifications. Michael Sedillo, Executive Director of the Mayor's Office of Nonprofit Services, explains the difficulty in providing an exact figure due to the nature of the budget modification process.
- Sedillo states it's hard to determine what is 'owed' as budget modifications involve aligning agency and nonprofit provider perspectives
- The administration has data on active budget modifications across agencies but is not comfortable sharing specific amounts
- Sedillo emphasizes the need for fiscal stewardship in reviewing budget modification requests
Althea Stevens
1:25:23
And just to follow-up with the question she was asking, I also would like to know do you know how much the city owes on budget mods?
1:25:29
Do you have that?
Michael Sedillo
1:25:32
Thank you for the question, chair.
1:25:34
We it's hard to say owed.
1:25:37
It's hard to say owed, I think, with certainty because the entire process of a budget modification is agency and nonprofit provider trying to align on what is owed.
1:25:48
Nothing really stops a nonprofit provider from submitting a budget modification and, you know, as good fiscal stewards, we have to ensure that that is in scope and we have to ensure that that is money that the city does owe.
1:26:00
So we certainly have the amount of budget modifications that are active across agencies, but the number tied to it is not a an exact number that I think we would feel comfortable sharing.
1:26:11
Anything to add?