2020 Finance Department Annual Report

Home Browse Search

2020 Annual Report • Finance Department • St. Anthony Village, Minnesota 17 III. Finance Activity Unique to 2020 CARES ACT FUNDING, COMPLIANCE AND REPORTING Use of CARES Funding The State allocation of the federal CARES Act funds supports local government coronavirus (COVID-19) relief efforts. The City of St. Anthony Village received a distribution of $683,110. These funds were used for necessary COVID-19 expenditures incurred from March 1 to Nov. 15, 2020. During this timeframe the City Council and City staff monitored and managed the allocation of funds to various COVID-19 needs. The disbursement of funds includes the City’s use of $568,110 funds for the following: ● Personal protective equipment (PPE), sanitizers, and similar supplies. ● Modifications to facilities/parks to allow for protective barriers and social distancing. ● Upgrades to all HVAC systems to provide an ionization process to eliminate viruses. ● Computer equipment to allow greater efficiency for employees while working remotely. ● Employment costs that help reduce employee exposure to COVID-19. ● Public safety costs in a COVID-19 environment. The City also provided $15,000 to Northeast Youth & Family Services (NYFS) to cover extraordinary COVID-19 related costs. St. Anthony has an ongoing partnership with NYFS to provide mental health, youth diversion, and senior chore services. Lastly, the St. Anthony–New Brighton School District was provided $100,000 in support of: ● Facilitating distance learning with Chromebooks. ● Food programs/meal delivery. ● Tier 1 childcare. St. Anthony’s receipt of CARES Act funding from the state and federal government, lessened the financial burden created by COVID-19. Knowing the importance of being good financial stewards of local, state and federal funds, the Council and the finance team focused on expenditures that would best address the City’s needs and the uncertainties of the COVID-19 pandemic.