HomeMy WebLinkAbout2020_08_19 006 CC- CARES Act FundingCARES Act Funding
CARES Act Funding
•3rd Federal stimulus program for government agencies
•Local government allocations based on population
•Saratoga’s distribution = $383,000
CARES Act Program Guidelines
Program period: March 1 –December 30, 2020
Allowable expenses within program guidelines
•Sheriff costs (all of Sheriff’s time is allowable)
•Allowable staff time reimbursements
•Services and software for remote working functionality
•Supplies and equipment for health measure compliance
•Grant or financial assistance funding
Planned City Funding Uses
•Local match offset for FEMA/Cal OES claims
•50% match for unemployment expenses
•Hard costs related to remote working functionality
•Hard costs for supplies, equipment, services related to
health measure compliance
•Staff time related to COVID-19 compliance and response
•Sheriff costs
Financial Assistance Funding
Committed Funding Uses
Village Restaurant Parklets
Potential Funding Uses
SCC Isolation & Quarantine support program
Great Plates feeding program
Business License Waiver Program
TOTAL financial assistance funding
$ 35,000
$ 35,000
$ 10,000
$ 50,000
$ 130,000
CARES Act Recommendations
FUNDING
Saratoga’s Allocation
USES
City Costs
Financial Assistance
TOTAL USES
$ 383,000
$ 253,000
$ 130,000
$ 383,000