Title
City Finance Update on Potential Funding Sources to address Covid-19 economic impact
Presenter:
Charae McDaniel, Chief Financial Officer
Body
Summary:
An update on the current estimate of expenditures associated with the Covid-19 response efforts, as well as the various Coronavirus Aid, Relief, and Economic Security Act (CARES Act) funding components that are currently anticipated to be received by the City.
Background:
A number of funding sources are being anticipated as a result of the CARES Act - to include funding for the Airport, Transit, and Community Development.
Previous Council Action:
N/A
Financial Implications:
To be provided at the Work Session
City Council Appointed Board/Commission/Committee Recommendation:
N/A
Stakeholder Process:
N/A
Alternatives:
N/A
Recommended Action
Proposed Motion:
N/A
Summary of Ordinance Language
N/A