| | | | | | | | | item type Action Items Requiring Discussion | meeting date 4/8/2020 | | prepared by City Manager | approved by City Manager | | board approval N/A final vote | | strategic objective Exceptional Quality of Life, Fiscal Stewardship, Public Health and Safety |
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COVID-19 Community Assistance Proposal
motion / recommendation
Approve the proposed community assistance program.
background
The unprecedented COVID-19 global pandemic is creating extreme financial hardship on both residents and businesses in our city. The City Commission asked staff to propose a financial relief package to help residents and businesses through this time of need.
While the total impact will not be known for some time attached is a proposed community assistance program that addresses several needs that we know will exist.
alternatives / other considerations
fiscal impact
If all items are approved there would be a $525k impact on General Fund Reserves, a $525k impact on unallocated CRA funds, a $275k impact on the Electric Utility, a $275k impact on the Water and Sewer Utility, $750k in return of Fuel Cost Over-recovery funds and $30k from Waste Pro conservation funding. |
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