2020/12/16 Council Agenda Packet

NGA-23 NGA-24 Department GenGov Special Project 2020 Budget Adjustments Tally Sheet Amendment - CARES Grant - Community Support Code 155A Rev 1,100,000 Exp 1,100,000 This amendment increases the General Government Special Projects fund budget by $1.1 million for the City's CARES Act grant that is being allocated to community relief. As previously briefed at Council, the funds will be distributed between three areas to support those impacted by COVID-19. 1. $720,000 in direct small business grants ($10,000 to $20,000 each) 2. $80,000 for two new education programs for businesses and displaced workers 3. $300,000 in rental assistance and landlord support Increase grant revenue Increase grant revenue Increase expenditure budget Increase expenditure budget Increase expenditure budget 155 155 155 155 155 3329210004 3329210103 5300301410 5300302410 5300304410 Department Info Tech Reserve Amendment - IT Projects Code 505A Rev 283,000 FB 720,000 80,000 300,000 300,000 800,000 Exp 360,000 This amendment proposes to increase the Information Technology Reserve for the following: 1. $283,000 for computer purchases related to the COVID-19 pandemic to support telecommuting. These expenses are expected to be reimbursed by the CARES grant, 2. $55,589 for the contract management project. This expense will be covered by fund balance. 3. $21,411 in additional costs for Azure Cloud services. The City's spend on this service has grown through the pandemic. These costs will be covered by fund balance. Increase grant revenue Increase maintenance expenditures Increase equipment budget Increase project budget Decrease ending fund balance Decrease ending fund balance 505 505 505 505 505 505 3xxxxxxxxx 5108290480 5110000350 5130000640 5980000999 5980030999 FB (77,000)1 21,411 283,000 55,589 283,000 21,411 55,589 Tally 2020 11/18/2020 ATTACHMENT A