Impact
WARD / COUNCILMEMBER: City-wide
$ IMPACT: $2,968,559.10
Title
Approval to amend the FY 2021 budget to include the revenue and anticipated expenses related to the CARES funding from Cobb County.
Body
ISSUE AND BACKGROUND:
Council approved an intergovernmental agreement with Cobb County at the August 3, 2020 meeting. This agreement will allow for $2,968,559.10 to be received from the County for qualifying CARES expenses. The Multi-Grant fund needs to be amended for the revenue and expenses related to this funding.
RECOMMENDATION / REQUESTED ACTION:
Recommend approval of an amendment to the FY 2021 budget to account for the CARES disbursement from the County.