City of Alexandria, Virginia
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MEMORANDUM
DATE: MAY 12, 2020
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
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Consideration of REVISED Proposed plans for use of Federal CARES Act funding for Residential Rental Assistance, Food Security and Small Business Assistance and COVID-19 Related Expenses of the City Government.
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ISSUE: Allocation of $13.9 Million in Federal CARES assistance to the City of Alexandria
RECOMMENDATION: That Recommendation #4 in the May 7 docket memo on the use of the federal CARES monies be revised to read:
4. Approve the allocation of $13.9 million in Federal CARES funds as displayed in the last column of the REVISED Attachment 1.
BACKGROUND: At the time the docket memorandum was written last week, it was not known what amount of Federal CARES COVID-19 related funding assistance the City would receive. Today localities in Virginia received their funding allocations from the State. The State decided to allocate on a per capita basis $645 million to all Virginia cities and counties (except for Fairfax County which due to their population size already received an allocation directly from the federal government). It also appears the State plans to make a second allocation of CARES monies at some point in the future, so the allocation to localities made today is possibly only half of what the State may eventually allocate.
In this first allocation of CARES monies from the State, the City received $13.9 million. These funds and any further allocation of CARES monies are required to be expended by December 30, 2020. In the original allocation proposal, two scenarios were presented in the event that the CARES allocation was between $20 million and $27 million. Given the State's decision to initially allocate far less money at this time, it is necessary to revise the proposed allocatio...
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