Pays Public Economics up to $60,000 to advise on payments owed to the district through 2027

Public Economics will provide consulting on pass-through payments owed to the district by the County Auditor-Controller on behalf of former redevelopment agencies, as well as residual distributions and asset liquidation revenues. The work is scheduled from July 1, 2024 to June 30, 2027, with a cap of $60,000.

Plain-English summary written by AI from the official text. AI summary · amounts checked against official text

Vendor / partner: Public Economics, Inc. · Orange, CA
Action: New agreement
Category: Budget, finance & payments
Term: Jul 1, 2024 – Jun 30, 2027
This vote: $60,000
Funding: Fund 21 Building Funds Measure Y
Resource / site: 9655 918
Vendor no.: 003480
Presented by: Deputy Chief, Facilities Planning and Management
File: 24-0949 · agenda U.-2
Outcome: Adopted on the General Consent Report, May 22, 2024

Official text

Approval by the Board of Education of General Services Agreement by and between the District and Public Economics, Inc., Orange, CA., for the latter to provide consulting services regarding pass-through payments owed by the County Auditor-Controller to the District on behalf of former redevelopment agencies, as well as residual distributions and asset liquidation revenues paid to District, for the Facilities Planning and Management Project, in the not-to-exceed amount of $60,000.00, with work scheduled to commence on July 1, 2024, and scheduled to last until June 30, 2027.

History

May 22, 2024 Adopted on the General Consent Report

This is an independent project created to provide transparency to the OUSD Community, and is not affiliated with Oakland Unified District. All data used to create the Consent Report Tracker is made public by Legistar, OUSD's official platform for posting legislative records. Plain-English summaries are written by AI with narrow parameters based upon the official text of the reports. Read about how all this works.