HomeMy WebLinkAboutReso 93-20 Approving the CARES Act Funding Spending PlanReso No. 93-20, Item 7.1, Adopted 09/01/2020 Page 1 of 1
RESOLUTION NO. 93 - 20
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
* * * * * * * * *
APPROVING THE CARES ACT FUNDING SPENDING PLAN
WHEREAS, in March 2020, President Trump signed into law the Coronavirus Aid, Relief,
and Economic Security (CARES) Act, an economic stimulus package in response to the
economic impacts associated with the COVID-19 Pandemic; and
WHEREAS, the Fiscal Year 2020-21 California State Adopted Budget included $500
million from this funding for cities, with $275 million to be allocated, on a per population basis, to
cities with populations below 300,000; and
WHEREAS, the City will receive $811,404 in funding pursuant to the State budget
allocation; and
WHEREAS, pursuant to the Federal guidelines established for the CARES Act and
described in the accompanying Staff Report to this Resolution, the City plans to expend the
entirety of this allocation by December 30, 2020 and any unused funds shall be returned to the
US Treasury.
NOW, THEREFORE BE IT RESOLVED, the City Council of the City of Dublin hereby
approves the CARES Act Spending Plan, attached as Exhibit A to this Resolution; and
BE IT FURTHER RESOLVED that due to the time constraints associated with the CARES
Act funding, the City Manager is authorized to adjust this spending plan to ensure the proper and
timely expenditure of such funds.
PASSED, APPROVED AND ADOPTED this 1st day of September 2020, by the following
vote:
AYES: Councilmembers Goel, Hernandez, Josey, Kumagai and Mayor Haubert
NOES:
ABSENT:
ABSTAIN:
____________________________
Mayor
ATTEST:
_________________________________
City Clerk
Exhibit A to the Resolution
Cares Act Funding Spending Plan
As of September 1, 2020
Prepared by John Stefanski, Assistant to the City Manager
Budget
#Revenue
1 CARES Act Allocation 811,404$
2
3 Total Revenue 811,404$
4
5 Expenses
6 Medical Expenses 25,000$
7 Public Health Expenses 157,489$
8 Payroll Expenses 11,572$
9 COVID-19 Economic Support 617,343$
10 Small Business Microloan Program 467,343$
11 Residential Rental Assistance 150,000$
12 Total Expenses 811,404$
13 Surplus/(Deficit) -$
14
15
16
17
18
19
20
21
22
23
Exhibit A to the Resolution
Cares Act Funding Spending Plan
As of August 11, 2020
Prepared by John Stefanski, Assistant to the City Manager
Budget
#Revenue
1 CARES Act Allocation 811,404$
2
3 Total Revenue 811,404$
4
5 Expenses
6 Medical Expenses 25,000$
7 SVC Testing Site; FEMA PA Match 25,000$
8 Public Health Expenses 157,489$
9 Health Order Communications 18,320$
10 Health Order Enforcement 34,320$
11 PPE/Sanitization Activities 104,849$
12 Payroll Expenses 11,572$
13 COVID-19 Staffing 11,572$
14 Health Order Compliance 217,342$
15 Unemployment Insurance Claims 93,000$
16 Teleworking Improvements 84,703$
17 Facility Modifications 39,639$
18 COVID-19 Economic Support 400,000$
19 Small Business Microloan Program 200,000$
20 Other Economic Support/Rental Assist. Prg. 200,000$
21
22 Total Expenses 811,404$
23 Surplus/(Deficit) 0$