Dept/ Agency: Administration/Office of Management and Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: External Transfer of Funds Purpose: To transfer funds within Water Utility to provide sufficient funding until year end (City-wide) Amount Transferred: $550,000.00 Transferred From: Water Utility Transferred To: Water Utility Additional Information: The Schedule of the 2025 External Transfers of Funds ET#W1 is attached Two-Thirds vote of full membership required.