Town of Chapel Hill header
File #: [20-0467]    Version: 1 Name:
Type: Discussion Item Status: Passed
File created: 6/4/2020 In control: Town Council
On agenda: 6/24/2020 Final action: 6/24/2020
Title: Consider Enacting a Budget Ordinance Amendment for CARES Act Funding.
Attachments: 1. Draft Staff Presentation, 2. Staff Report, 3. Staff Presentation, 4. Council Questions with Staff Response, 5. AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1, 2019” (2020-06-24/O-6)

 

 

title

Consider Enacting a Budget Ordinance Amendment for CARES Act Funding.

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Staff:

Department:

Maurice Jones, Town Manager

Manager’s Office

John Richardson, Community Resilience Officer

 

Amy Oland, Business Management Director

Business Management

 

Overview: On May 29th, 2020, the Town received an allotment of $746,410 from Orange County for the Coronavirus Relief Fund <https://home.treasury.gov/policy-issues/cares/state-and-local-governments> (CRF). This funding is part of the larger federal economic relief package known as the Coronavirus Aid, Relief, and Economic Security (CARES <https://home.treasury.gov/policy-issues/cares/state-and-local-governments>) Act. The CRF provides financial resources to state, local and tribal governments to help navigate COVID-19. See the attached Staff Report for additional details about funding categories, possible expenses and anticipated amounts.

 

Recommendation(s):

That the Council enact the attached budget ordinance amendment for the Grants Fund to recognize and appropriate the CARES Act funding.

 

Fiscal Impact/Resources: If the Council enacts the attached budget ordinance amendment, this will add $746,410 to the Town’s FY2019-20 budget. Any remaining funding not spent by June 30th will then be carried forward to the FY2020-21 budget. All eligible expenses must be incurred no later than December 30, 2020. 


Where is this item in its process?

 

Attachments:

 

Budget Ordinance Amendment

 

Draft Staff Presentation

 

Staff Report

 

 

 

 

AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1, 2019” (2020-06-24/O-6)

 

BE IT ORDAINED by the Council of the Town of Chapel Hill that the Budget Ordinance entitled “An Ordinance Concerning Appropriations and the Raising of Revenue for the Fiscal Year Beginning July 1, 2019” as duly adopted on June 12, 2019, be and the same is hereby amended as follows:

ARTICLE I

 

 

ARTICLE II

 

 

This the 24th day of June, 2020.

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The Agenda will reflect the text below and/or the motion text will be used during the meeting.

 

presenter

PRESENTER: Maurice Jones, Town Manager

 

RECOMMENDATION: That the Council enact the attached budget ordinance amendment for the Grants Fund to recognize and appropriate the CARES Act funding.