DATE: July 7, 2020
TO: Board of Supervisors
SUBMITTED BY: Jean M. Rousseau, County Administrative Officer
SUBJECT: Coronavirus Aid, Relief, and Economic Security Act Funding Update
RECOMMENDED ACTION(S):
TITLE
Receive update on Coronavirus Aid, Relief, and Economic Security (CARES) Act funding expenditure plan.
REPORT
CARES Act funding in the amount of $81.6 million was received by the County on April 22, 2020. In addition, the recently passed State of California FY 2020-21 Budget allocates an additional $16.4 million for a total of $98 million in CARES Act funding available to the County of Fresno. CARES Act funding is restricted to necessary expenditures incurred due to the COVID-19 public health emergency. This item provides an update on CARES Act expenditures to date and a proposed budget for the remainder of the calendar year. This item is countywide.
ALTERNATIVE ACTION(S):
Your Board could choose to take no action.
FISCAL IMPACT:
There is no Net County Cost associated with the recommended action. The County of Fresno received $81,579,507 of CARES Act funding on April 22, 2020. In addition, the recently passed State of California FY 2020-21 Budget allocates an additional $16,438,000 of the State's share of CARES Act funding for a total of $98,017,507. County Departments are submitting monthly claims to the Auditor-Controller/Treasurer-Tax Collector (ACTTC) for reimbursement of expenditures incurred for items allowable by the CARES Act and consistent with guidance from the United States Treasury Department. To date, a total of $11,745,256 has been expended of the CARES Act funding; however, additional claims from departments are in review for reimbursement.
DISCUSSION:
On March 27, 2020, the CARES Act was approved (Public Law 116-136), thereby providing several funding streams in an effort to assist the Country's citizens, business owners, state and local governments, and other entities impacted by the COVID-19 public health emergency.
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