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HomeMy WebLinkAbout4b. CARES Act Funding Update1 CARES Act Reggie Zeno, CFO Council Work Session January 26, 2021 CARES Budget Analysis Preliminary –as of 1/26/21 2Recent communication from FEMA indicted that there would be a 100% Federal Cost Share for COVID-19 vaccine distribution and administration. Additional guidance is forthcoming from FEMA. Reconciliation of Available Amounts 3 CARES Program Update Federal Government extended the CARES Act to 12/31/2021 This allowed the City to continue various programs which had available balances, such as: •Vaccination and testing •Pending Fort Worth CARES applications •Various consulting and administrative services •Community WIFI expansion •Homeless sheltering contract •Other previously budgeted items not received by 12/30/2020 4 QUESTIONS? 5