15. Recommended by Financial Services Organization Approval of Transfer of Money from the Power Revenue Fund to the Reserve Fund of the City of Los Angeles During Fiscal Year 2024-25. The attached resolution provides for $109,656,000 to be transferred within 45 days after the effective date of the ordinance in one lump-sum payment, and for the remainder to be transferred in approximately equal monthly installments so that by June 30, 2025, the full amount of $219,312,000 will have been paid. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).