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HomeMy WebLinkAboutCouncil Presentation 06/02/2020-AZCares Presentation to Council 20200602AZCares Fund ERIK MONTAGUE, DEPUTY TOWN MANAGER JUNE 2, 2020 AZCares Fund •Distribution of approximately $441 million to county, city, and town governments that did not receive direct federal CARES Act allocations •Funds can be used only for eligible salary costs and ERE from March 1, 2020 through December 30, 2020 •Marana's allocation is approximately $5.6M •Reimbursement application submittal(s) handled through www.arizonatogether.org/grants AZCares Fund •Fund use limited by Treasury Regulations •Supplemental guidance in Frequently Asked Questions •Funds may only be used for salary costs for employees substantially dedicated to mitigating or responding to COVID-19 public health emergency •For administrative convenience, local governments may presume that public safety costs are substantially dedicated to COVID -19 AZCares Fund •Can submit for either: –Actual costs to application date, then future applications for actuals up to two per month, or; –Actual costs to application date and forecasted costs through 12/30/2020 •Monies replaced with AZCares can be used for any public purpose as determined at the local level Replaced FY2021 General Fund Budget •Updates based on direction previously received: –Identified $62K (including contingency) for El Rio preserve turn out structure –Moved 53K from restricted budget to Holiday Festival •We anticipate holding the remaining portion of replaced General Fund monies in a restricted contingency line item which can be deployed, based on Council approval, when required in FY2021 Additional discussion and direction.