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HomeMy WebLinkAboutResolution No. 2021-68KENAI CITY OF KENAI RESOLUTION NO. 2021-68 Sponsored by: Administration A RESOLUTION OF THE CITY OF KENAI, ALASKA, AUTHORIZING A BUDGET TRANSFER IN THE CARES ACT RECOVERY FUND, FIRST RESPONDER AND INCIDENT MANAGEMENT TEAM PAYROLL, CARES ACT ADMINISTRATION AND NON -PAYROLL, AND INDIVIDUAL ASSISTANCE GRANTS DEPARTMENTS. WHEREAS, Ordinance 3130-2020 accepted and appropriated $7,700,832 of CARES Act funding awarded to the City; and, WHEREAS, to date the City has expended $7,617,493, earned $527 of interest, and has remaining $83,866 which must be expended by December 30, 2021; and, WHEREAS, outstanding encumbrances include $14,134 for purchase and installation of touchless water bottle filling stations in various city facilities and $6,300 for spatial analysis and conceptual design of City Hall; and, WHEREAS, the remaining $63,432 is unencumbered and available as of the date of this resolution; and, WHEREAS, the CARES Act explicitly allowed for the payment of first responder payroll by providing a presumption that all wages paid to first responders would be considered to have been in response to the COVID-19 public health emergency; and, WHEREAS, utilization of such presumption provides the City the opportunity to fully expend its remaining CARES Act grant funds by the December 30, 2021 deadline; and, WHEREAS, authorization of a budget revision to facilitate the expending of all CARES Act funding provided to the City is in the best interest of the community. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA Section 1. That the following budget revision is authorized. CARES Act Recovery Fund: Decrease Expenditures: CARES Act Administration and Non -Payroll - Contingency $10,859.16 Individual Assistance Grants — Contingency 52.572.98 $63.432 14 Increase Expenditures: First Responder and Incident Management Team Payroll — Contingency $63.432 14 Resolution No. 2021-68 Page 2 of 2 Section 2. That this resolution takes effect immediately upon passage. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 1 s' day of December, 2021. ATTEST: J "mi Heinz, MMC, City Cler Approved by Finance: I Y EN.4 04' K E N A 1 City of Kenai 1 210 Fidalgo Ave, Kenai, AK 99611-77941907.283.75351 www.6naixiky MEMORANDUM TO: Mayor Gabriel and Council Members THROUGH: Paul Ostrander, City Manager FROM: Terry Eubank, Finance Director DATE: November 12, 2021 SUBJECT: Resolution 2021-68 Authorizing a budget transfer in the CARES Act Recovery Special Revenue Fund The purpose of this memo is to recommend adoption of Resolution 2021-68, which authorizes a budget transfer in the CARES Act Recovery Special Revenue Fund to facilitate expending of remaining grant funds by the December 30, 2021 deadline. The City was awarded $7,617,493 in CARES Act funds from the United States Treasury, and an additional $2,758,864 was passed to the City through the Kenai Peninsula Borough for the City's response to the COVID-19 public health emergency. To date, an additional $527 of interest has been earned on the CARES Act funds received, and the City has expended $10,293,018 of these funds leaving $83,866 to be expended by the Act's deadline of December 30, 2021. A summary of program expenditures through October 28, 2021 was provided to Council at its November 3rd meeting and is attached again for your convenience. Of the remaining $83,866, $20,434 is currently encumbered for projects, including $14,134 for the installation of touchless water bottle filling stations at various City facilities and $6,300 for spatial analysis and conceptual design for City Hall. The remaining $63,432 is unencumbered and available in two departments, the CARES Act Administration and Non -Payroll, in the amount of $10,859 and Individual Assistance Grants, in the amount of $52,573. Based on Council's direction from the November 3, 2021 Council meeting, adoption of Resolution 2021-68 is recommended. The resolution would authorize a budget transfer within the CARES Act Recovery Special Revenue Fund from CARES Act Administration and Non -Payroll in the amount of $10,859 and Individual Assistance Grants in the amount of $52,573 to facilitate expending of remaining grant funds by the December 30, 2021 deadline. Your support is respectfully requested. Attachment m N U Q C w UJ °m x aQ U L � � Q O 0 U N L Y @ a O N N N X U x w H m m m m m m Iq H a N N N Q H � 0 0mm O O r N Np O OI N oo m QI N O O S Oi O CI lV Yf Vm1 N N ' N N N Q < N r l7 V; H N N Q H � 0 0mm O O r N Np O OI N m oo m QI o o Ol P r o o Vm1 N N ' N m N Q N r O at N N O O O O O H 0 0 0 00 m 0 0 o o n N o � OmO pOo � t+l N O O O p+ O Q O1 r lV � H uo $ o o vii m$ n m 0 N o m m co H N Z. 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