SUBJECT: CONSENT AGENDA
Title
A Resolution of the Board of Trustees of the Town of Erie Ratifying the Approval of the Additional Expenditure of a Portion of the Town's CARES Act Funding for Residential Utility Bill Credits
Body
DEPARTMENT: Finance
PRESENTER: Stefanie Furman, Acting Finance Director
FISCAL SUMMARY:
Cost as Recommended: $60,000
Balance Available: n/a
Budget Line Item Number: 100-80-110-574000-191919
New Appropriation Required: No
STAFF RECOMMENDATION:
Recommendation
Approve the Resolution to ratify the additional allocation of CARES Act Funds for the resident Utility Bill Grant Program.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Town has received funding under the federal Coronavirus Aid, Relief, and Economic Security Act (the ”CARES Act Funds”). These funds allow expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19) through December 30, 2020. The Board previously approved the creation of the Utility Bill Grant Program to provide assistance to residents who have had a negative impact due to the COVID-19 public health emergency. Due to the overwhelming response from residents, staff propose allocating an additional $60,000 to the program.
Under this program, residents can apply for a one-time utility bill grant, to be applied as a credit against their utility billing account. There are no income qualifications, but applicants must submit documentation showing financial hardship due to COVID-19.
Board Priority(s) Addressed:
ü Safe and Healthy Community
ü Engaged and Diverse Community
ü Prosperous Economy
ü Fiscally Responsible
ATTACHMENTS:
1. Resolution 20-201