mr. brian gobel. they directed us to begin the negotiations for the contracted services. at your direction, we have completed contract negotiations and have a draft contract before you today for your consideration. i would like to take an opportunity to thank lafco chair and her staff for all of the assistance that you provided us on the panel and through this process to the lafco legal counsel for teresa stricker's guidance and today from ms. linda ross. their support throughout this process. and to present you the details today for the contract is mr. wilson ining. he is the records and project manager on the r.f.q.s contract process anja tell you how helpful he has really been throughout this entire process and how proud we are of his work so thank you, kindly. >> thank you very much. >> thank you. good afternoon, commissioners. project manager. as you may recall at the direction of our chair, our office established a prequalification list through an r.f.q. through executive offices services and conducted an interview -- conducted the interviews in march. mr. brian gob

mr. gobel, i believe you have a presentation for us. as you take up, i'd like to take a moment to acknowledge our new financial officer, mr. brianobel. you've hit the ground running and i'd like to tell you we're looking forward to working together in this body. miss calvillo provided tremendous support to this commission in the last ten months since losing our staff position, and i'm so grateful for her work. with that, mr. gobel, i'll turn it over to you. >> thank you, madam chair and commissioners. i am here to present your final lafco budget for fiscal 2018-'19. before i get into the final budget, though, i just want to review your expenditure status. a lot of these numbers with similar to the numbers presented to you at the last two meetings by former interim administrative officer angela calvillo, but they have been updated for you today to reflect the new expenditures since your last meeting. so i'll show you the first slide here is lafco's expenditures as of may 15, 2018, the available balance is just under $220,000. as you know, this mou between lafco and the puc has been extended through june of 2019. here are your exp

mr. brian gobel based on his knowledge, skills and blt as in accordance with lafco's required scope of services, and with your direction we'd like to move forward with the negotiation. as a reminder, this is a procurement of professional services and not a personnel appointment, and because we are still pending contract negotiations, specific details about the rfq interviews or deliberations are confidential until a contract has been awarded pursuant to chapter 67.24(a) of t 67.24 e of the administrative code. however we'll be glad to communicate with any of you commissioners offline so that you're apprised and engaged with the process. as for the next steps, with the direction of the chair in coordination with lafco legal counsel, we intend to proceed with contract negotiation, and once that is done, we can present a final draft contract to lafco for consideration and approval. hopefully by our next meeting or at the call of the chair. we anticipate the potential contract term to be about two years on an as needed basis with a not to exceed hourly rate of $75 or budgetary purposes, the number