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FINANCIAL IMPACT: <br />There is no general fund impact from this grant receipt. Revenue account 520-6797 will be <br />increased in the amount of $685,400, which includes $200,000 of cost sharing via Public Benefit <br />funds. Expense account 520-8000-8001-2410-0930-200 will be increased by $685,400. <br />ENVIRONMENTAL IMPACT: <br />None. <br />CONFLICT OF INTEREST — Gift Disclosure Requirements <br />None <br />RECOMMENDATION: <br />Staff recommends that the City Council accept the Energy Efficiency and Conservation Block <br />Grant for the Electric Department and adopt attached Resolution No. R -XX amending the <br />Administration Division budget to reflect grant acceptance and budget adjustment. <br />Attachment: Resolution R -XX <br />REVIEW TEAM ONLY <br />City Attorney:�- Finance Director:^�' <br />City Manager • OTHER: <br />