Department of Finance
Reference: First Amendment to the 2020 Budget
To: Mayor Gregory Mills and Members of City Council
Through: Jane Bais DiSessa, City Manager
Prepared By: Kayla Barber-Perrotta, Budget Manager
Date Prepared: November 4, 2020
PURPOSE:
To amend the 2020 Budget for additional unanticipated revenues and expenditures related to the allocation of CARES Funding for COVID-19 response.
STRATEGIC FOCUS AREA:
Financially Responsible
BACKGROUND:
The City Council adopted the 2020 budget on December 3, 2020, at $139,047,768, of which $42,874,343 was appropriated in the General Fund. This proposed First Budget Amendment to the 2020 Budget Resolution is requested to properly budget for CARES allocations from Adams County that were unforeseen at the time of the adoption of the 2020 budget, and are not supported by existing appropriation in the General Fund.
As part of the Federal CARES Act, Adams County was allocated funds to offset unanticipated costs due to the COVID-19 pandemic. The County opted to pass-through funds to municipalities, school districts, and fire districts to assist in response efforts. The City entered into an IGA with Adams County on the use of these funds and was allocated $3,191,233 in CARES funds in May 2020.
Due to its success in getting funds out the door and into the community, the City was asked in October 2020 if additional funds could be used to continue existing or implement new programs before the deadline, and if so to provide amounts and use justifications for the County to review and approve. At the direction of the Council, staff requested $1,500,000 in additional CARES funds for household rent/mortgage assistance, business assistance, and additional testing. The City has received approval for $1,000,000 to be used for these programs.
While the initial $3,191,233 was able to be absorbed by the existing General Fund appropriation due to cutbacks made at the start of the COVID-19 pandemic to address revenue declin...
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