DATE: April 28, 2020
TO: Board of Supervisors
SUBMITTED BY: Jean M. Rousseau, County Administrative Officer
SUBJECT: Coronavirus Aid, Relief, and Economic Security Act Funding
RECOMMENDED ACTION(S):
TITLE
1. Retroactively approve and authorize the submittal of required documentation and certification to the United States Treasury Department to secure the County of Fresno's portion of the Coronavirus Aid, Relief, and Economic Security (CARES) Act funding; and
2. Adopt Budget Resolution increasing the FY 2019-20 appropriations and estimated revenues for ACTTC - Disaster Recovery Fund 0026, Subclass 91019, Org 1031 in the amount of $82,000,000(4/5 vote).
REPORT
Funds received from the CARES Act distribution will be distributed by the Auditor-Controller/Treasurer-Tax Collector to requesting County departments, on a claim-by-claim basis, to cover certain necessary expenditures incurred due to the public health emergency with respect to COVID-19, as allowable under the CARES Act and guidance from the United States Treasury Department, which is forthcoming. To receive such funding, the County must provide a certification to Secretary of the Treasury that the County's proposed uses of the funds comply with the statutory requirements. If the County does not comply with the statutory requirements for expenditures, the County can be required to repay the federal government in the amount of those expenditures. This item is countywide.
ALTERNATIVE ACTION(S):
If the recommended actions are not approved, the County of Fresno would return any funds received to date in relation to this funding to the United States Treasury Department.
RETROACTIVE AGREEMENT:
This item is retroactive due to this funding stream becoming available on April 13, 2020, and the funds being received by the County on April 24, 2020.
FISCAL IMPACT:
There is no Net County Cost associated with item. County Departments will have the opportunity to submit a claim to the Auditor-Controller/Treasure...
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