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113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 86-20
File Number: 2020-0248
DISASTER AND RECOVERY FUND:
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT APPROPRIATING $3,000,000.00 FROM THE
DISASTER AND RECOVERY FUND FOR THE FINANCIAL ISSUES ARISING FROM THE COVID-19
PANDEMIC
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS:
Section l: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget
adjustment appropriating $3,000,000.00 from the Disaster and Recovery fund for the financial issues
arising from the Covid-19 Pandemic.
PASSED and APPROVED on 3/16/2020
Page 1
Attest:
Kara Paxton, City Clerk Treasurer
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Printed on 3/17/20
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Text File
File Number: 2020-0248
Agenda Date: 3/16/2020 Version: 1 Status: Passed
In Control: City Council Meeting File Type: Resolution
DISASTER AND RECOVERY FUND:
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT APPROPRIATING $3,000,000.00
FROM THE DISASTER AND RECOVERY FUND FOR THE FINANCIAL ISSUES ARISING FROM
THE COVID-19 PANDEMIC
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS:
Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment
appropriating $3,000,000.00 from the Disaster and Recovery fund for the financial issues arising from the
Covid-19 Pandemic.
City of Fayetteville, Arkansas Page 1 Printed on 3117/2020
City of Fayetteville Staff Review Form
2020-0248
Legistar File ID
3/16/2020
City Council Meeting Date - Agenda item Only
N/A for Non -Agenda Item
Paul A. Becker 3/16/2020 CHIEF FINANCIAL OFFICER (110)
Submitted By Submitted Date Division / Department
Action Recommendation:
Staff recommends the appropriation of $3,000,000 from the Disaster and Replacement fund in order to deal with
financial issues arising from the COVID-19 "Coronavirus" emergency and the approval of a budget adjustment.
Budget Impact:
4270.900.9290-5xxx.xx
Disaster & Replacement Fund
Account Number Fund
20019.1 COVID-19 Disaster Recovery Funds
Project Number
Budgeted Item? No Current Budget
Funds Obligated
Current Balance
Project Title
Does item have a cost? No Item Cost
Budget Adjustment Attached? Yes Budget Adjustment $ 3,000,000.00
Remaining Budget $ 3,000,000.00
V20180321
Purchase Order Number: Previous Ordinance or Resolution #
Change Order Number:
Original Contract Number:
Comments:
Approval Date:
CITY OF
FAYETTEVILLE
77-7
ARKANSAS
MEETING OF MARCH 16, 2020
TO: Mayor and City Council
FROM: Paul A. Becker, Chief Financial Officer
DATE: March 16, 2020
SUBJECT: Disaster and Replacement Fund — COVID-19
CITY COUNCIL MEMO
RECOMMENDATION:
Appropriation of $3,000,000 from the Disaster and Replacement Fund.
BACKGROUND:
The Disaster and Replacement Fund was established to handle emergencies within the City as
declared by the City Council. $3,000,000 of funds are available for appropriation.
DISCUSSION:
The Mayor is requesting an appropriation of these funds to deal with financial issues arising
from the COVID-19 "Coronavirus" emergency.
BUDGET/STAFF IMPACT:
Funds are available in the Disaster and Replacement Fund to cover this request.
Attachments:
Staff Review form
City Council Memo
Mailing Address:
113 W. Mountain Street www.fayetteville-ar.gov
Fayetteville, AR 72701
City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar)
Budget Year Division Adjustment Number
/Org2 Non -Departmental (800)
2020
Requestor: Kevin Springer
BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION:
Approval of a Budget Adjustment of $3,000,000 from 4270 Disaster & Replacement Fund to aid in response to COVID-19
outbreak.
COUNCIL DATE:
LEGISTAR FILE ID#:
3/16/2020
2020-0248
Matthow Maddox,
3/16/2020 11:31 AM
Budget Director
TYPE:
JOURNAL #:
Date
D - (City Council)
RESOLUTION/ORDINANCE
I
GLDATE:
CHKD/POSTED:
3/16/2020
/
TOTAL
Account Number
3,000,000 3,000,000
Increase / (Decrease)
Expense Revenue
Proiect.Sub#
Project Sub.Detl
AT
x.20191231
Account Name
4270.900.9290-5106.00
1,500,000 -
20019
1
EX
Contingency - General
4270.900.9290-5203.00
4270.900.9290-5210.00
500,000 -
500,000 -
20019
20019
1
1
EX
EX
Cleaning Supplies
Minor Equipment
4270.900.9290-5900.00
4270.001.9270-4999.99
500,000 -
- 3,000,000
20019
1
EX
RE
Miscellaneous
Use Fund Balance - Current
HABudget Adjustments\2020_Budget\City Council\03-16-2020 SPECIAL MEETING\BA 2020-0248 COVIDI9 1 of 1