Title
Ordinance No. 20-81 amending Ordinance No. 19-87 (2020 Appropriation Ordinance) for a supplemental appropriation to the Grant Fund in the amount of $67,013,392, the Airport Grant Fund in the amount of $24,340,290, and the CDBG Grant Fund in the amount of $1,811,610 for the Coronavirus Aid, Relief, and Economic Security Act (CARES) grants funding response to and recovery from the coronavirus pandemic.
Presenter:
Charae McDaniel, Chief Financial Officer
Jen Vance, Grants Manager
Summary: The attached Ordinance is a supplemental appropriation of revenue and expenditure as follows:
- Grant Fund: $67,013,392
- Airport Grant Fund: $24,340,290
- CDBG Grant Fund: $1,811,610
The expenditure appropriation is for response and recovery activities related to the coronavirus pandemic.
The source of funds for the Grant Fund consists of grant revenue from the Federal Emergency Management Agency (FEMA) through the Colorado Department of Public Safety ($1,275,000), the U.S. Department of the Treasury (DoT) through El Paso County ($37,526,357), the Federal Transit Administration (FTA) ($21,562,532), the U.S. Department of Justice (DOJ) ($665,100), and the U.S. Department of Housing and Urban Development's (HUD) Emergency Solutions Grant-CV ($5,984,403).
The source of funds for the Airport Grant Fund consists of grant revenue from the Federal Aviation Administration (FAA) in the amount of $24,340,290.
The source of funds for the CDBG Grant Fund consists of grant revenue from HUD's Community Development Block Grant-CV, in the amount of $1,811,610.
Previous Council Action: On December 5, 2019, City Council approved the 2020 Budget per Ordinance No. 19-87, which included appropriations for the Grant Fund, Airport Grant Fund, and CDBG Grant Fund.
Background: On March 13, 2020, the President declared the ongoing Coronavirus Disease 2019 (COVID-19) pandemic of sufficient severity and magnitude to warrant an emergency declaration for all states, tribes, territories, and the...
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