To: MAYOR AND CITY COUNCIL
From: MARNI RUHLAND, FINANCE DIRECTOR
TITLE
title
DISCUSSION AND POSSIBLE ACTION REGARDING CORONAVIRUS RELIEF FUNDS PROVIDED IN THE FEDERAL CARES ACT
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EXECUTIVE SUMMARY
Through the Coronavirus Relief Fund, the Federal CARES Act provides for payments to state, local and tribal governments dealing with the impact of the COVD-19 outbreak. Only cities with populations greater than 500,000 directly receive funding from the CRF. However, the State of California received nearly $1.3 billion, of which $500 million is to be allocated to cities. The City of Redondo Beach is to be allocated $827,184. Although updated often, guidelines for the use of these funds have been issued by the United States Treasury. The most recent update is attached to this report.
BACKGROUND
The CARES Act funding is to reimburse the City for its expenditures incurred due to the COVID-19 public health emergency. Eligible expenditures are to be incurred (and preferably paid for) between March 1, 2020 and December 30, 2020. Although the funds cannot be used to backfill lost revenue, the list of ineligible expenditures is rather limited.
To date, the City has incurred the following overtime, part-time and maintenance and operations expenditures.
Category
Cost
Medical Expenses
26,879
Public Health Expenses
145,345
Substantially Dedicated Payroll Expenses
114,924
Compliance with Public Health Measures
92,918
Economic Support
2,203
Other
175
Total
382,444
Another category of eligible expenditures for the CARES Act funding is "regular" time (as opposed to overtime). Because this has always been an ineligible FEMA expenditure, employee regular time "substantially dedicated to mitigating or responding to the COVID-19 public health emergency" has not yet been tracked. Over the next few weeks, staff will be determining the COVID-related regular hours that have been worked and calculating the cost (including benefits) of those hours.
Because of the unce...
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