DEPARTMENT: City Manager’s Office
DEPARTMENT HEAD: Ana Bradshaw, COVID-19 Financial and Performance Liaison
COUNCIL DISTRICTS IMPACTED: Citywide
SUBJECT:
Briefing on the December Financial Report of the COVID-19 Emergency Response and Recovery and Resiliency Plan
SUMMARY:
Briefing on the December 2020 Financial Report of the COVID-19 Emergency Response and Recovery and Resiliency Plan
BACKGROUND INFORMATION:
The City of San Antonio began responding to the COVID-19 Pandemic in early February when several Americans evacuated from Wuhan City, China arrived at Joint Base San Antonio-Lackland. Since the City and the State have issued several emergency orders aimed to mitigate the spread of COVID-19.
Since March 2020, COVID-19 has caused unprecedented economic disruption with the national unemployment rate rising to levels not seen since the Great Depression. Many parts of the San Antonio Economy have been impacted including the City’s Budget.
In April, the City Council approved an Emergency Housing Assistance program to assist San Antonio residents negatively impacted by COVID-19 with rental and mortgage assistance in the amount of $25.5 million.
On June 4, the City Council approved a $190.9 million Recovery and Resiliency Plan to aimed help San Antonio, workers, and businesses recover from the COVID-19 pandemic. The plan was developed around the five Guiding Principles of: 1) Public Health and Safety; 2) Equity; 3) Braided Funding; 4) Community Resiliency; and 5) Well-being.
The work was comprised of four pillars: Workforce Development, Housing Security, Small Business Support, and Digital Inclusion. Each pillar was comprised of multiple initiatives with identified budgets for each initiative.
In addition, City Council approved the plan to fund the City’s ongoing emergency response to the pandemic and a Health Implementation Plan. Funds in the amount of $54.5 million were approved for a Health Implementation Plan and $114.6 million were approved for eligible payroll expenses, protective equipment, and supplies for several city departments.
Since June the City Council has been provided with financial updates for the COVID-19 Recovery and Resiliency Plan, Emergency Response, and Health Implementation Plan. at “B” Sessions on August 12, September 9, October 7, 2020, November 4, 2020, December 2, 2020, and December 17, 2020.
Based on ongoing monitoring, staff recommended a series of budget amendments at a City Council “B” session on September 9, 2020 which were subsequently approved by City Council on September 17, 2020. Additional administrative budget adjustments were presented on November 4, 2020 and December 2, 2020 to ensure the timely use of funds. These adjustments were implemented and are reflected in the December financial report bringing the current budget to $562.6 million.
On January 11, 2021 the City submitted its 3rd Quarter Report of the City’s use of Coronavirus Relief Funds (CRF) to the Department of the Treasury Office of Inspector General (OIG) as required. This report provides both expenses for the calendar quarter of October 1 through December 31, 2020 and cumulative expenses from the effective date for CRF funding of March 1 to December 31, 2020. With this December submission, the City has cumulatively spent 97.8% of its $270 million in CRF funds. The remaining funding has been spent and staff are working to obtain final outstanding costs and reconcile the remaining expenses in order to close out this grant.
ISSUE:
Staff will provide a briefing on the status of the COVID-19 Recovery and Resiliency Plan and the City’s Emergency Response including the December Financial Report of the COVID-19 Emergency Response and Recovery and Resiliency Plan.
ALTERNATIVES:
This briefing is for informational purposes only.
FISCAL IMPACT:
This briefing is for informational purposes only.
RECOMMENDATION:
This briefing is for informational purposes only.