To: Board of Supervisors
From: County Administrative Office
Agenda Section: Consent
SUBJECT:
title
Supplemental Budget for Fiscal Year 2020-21 CARES Act budget (4/5 Vote Required)
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approved the supplemental budget for Fiscal Year (FY) 2020-21 CARES Act (budget unit 3232-120) (4/5 vote required)
Body
SOURCE OF FUNDING:
CARES Act
DISCUSSION:
The adjusted Fiscal Year (FY) 2019-20 budget included $13,591,367 in revenues for the CARES Act budget unit and staff estimates there were $2,860,919 in total expenditures. This agenda item allocates revenue and expenditure amounts to this budget unit for FY 2020-21. This budget unit was not included in the FY 2020-21 budget process due to the late receipt of these funds, which was shortly after the onset of the COVID-19 public health emergency.
FINANCIAL IMPACT:
Approving this agenda item will transfer $10,730,448 from fund balance into the CARES Act budget unit (3232-120) for FY 2020-21. Expenditures in the amount of $8,369,234 have already been recorded in this budget unit for FY 2020-21 due to the need to respond to the COVID-19 public health emergency, and more expenditures are expected to post prior to the close of the year. There are sufficient funds remaining from the CARES Act for the proposed expenditure amounts and therefore approval of this agenda item will not impact the General Fund.
STRATEGIC FRAMEWORK:
This action supports your Board’s Strategic Framework by managing our resources to ensure sustainability of services .
OTHER AGENCY INVOLVEMENT:
US Federal Government, California Office of Emergency Services, local emergency response agencies
ALTERNATIVES TO STAFF RECOMMENDATIONS:
Your Board could choose not to approve the agenda item or reduce the proposed expenditure amounts. However, this is not recommended as the county has already expended CARES Act funding and must maintain access to funding in order to continue responding to the COVID-19 public health emergency.
ATTACHMENTS:
1. Supplemental Budget
PREVIOUS ACTION/REFERRAL:
Board Order No.: N/A
Meeting of: N/A
File No.: N/A