Title
Report regarding resolution authorizing fiscal year 2025-2026 Interim Funding for The South San Francisco Conference Center. (Jim McGuire, South San Francisco Conference Center Executive Director)
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RECOMMENDATION
Recommendation
It is recommended that the City Council approve a resolution authorizing interim spending authority for the first 90 days of Fiscal Year (FY) 2025-2026 for the South San Francisco Conference Center.
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BACKGROUND/DISCUSSION
To enable the continued operation of the Conference Center while the FY 2025-2026 budget is finalized, it is recommended that the City Council approve a resolution authorizing interim spending authority for FY 2025-2026 for ninety (90) days through September 9, 2025. The interim funding appropriation is one fourth (1/4) of the approved FY 2025-26 budget. This interim authority will only be necessary if the Conference Center Authority and City Council do not approve the Conference Center Authority FY 2025-2026 budget prior to June 30, 2025. The Conference Center Authority met on Monday, April 21, 2025, to consider the FY 2025-2026 budget.