Laserfiche WebLink
8 <br /> THE CITY OF <br /> CITY COUNCIL AGENDA REPORT <br /> pLEASANTON <br /> August 18, 2020 <br /> Finance <br /> TITLE: AMEND THE FY 2020/21 BUDGET TO INCLUDE $981,153 IN CARES ACT <br /> FUNDING AND TO INCREASE THE FY 2020/21 GENERAL FUND BUDGET <br /> BY $243,000 TO PROCURE VIRTUAL DESKTOP INFRASTRUCTURE TO <br /> FACILITATE TELEWORKING <br /> SUMMARY <br /> The State of California's FY 2020/21 budget includes allocating a portion of its $9.5 <br /> billion Coronavirus Aid, Relief, and Economic Security (CARES) Act funding to cities <br /> with a population of 500,000 or less. The City's portion of CARES Act funding is <br /> $981,153 that can be used to cover costs incurred to respond to COVID-19. To receive <br /> these funds, the City must submit a list of eligible CARES Act expenses to the State by <br /> September 1, 2020. <br /> RECOMMENDATION <br /> Amend the FY 2020/21 budget to include $981,153 in CARES Act funding and increase <br /> the FY 2020/21 General Fund budget by $243,000 to procure virtual desktop <br /> infrastructure to facilitate teleworking. <br /> FINANCIAL STATEMENT <br /> All of the proposed CARES Act allocations represent General Fund expenses that the <br /> City has or will incur from March 1, 2020 through December 31, 2020. The $981,153 <br /> CARES Act funding was not included in the City's FY 2019/20 or FY 2020/21 General <br /> Fund revenue budgets. Thus, these funds will off-set General Fund expenditures. <br />