HomeMy Public PortalAboutAB 20-238 CARES Act Funding for Public Safety SalariesMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 20-238
Meeting Date August 27, 2020
AGENDA ITEM INFORMATION
SUBJECT:
Request to Consider Participation in the CARES Act Funding for Public Safety -Public Safety Grant Initiative (PSGI)
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
/
Clerk
Treasurer
Originator
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
Revenue Neutral
Parks and Recreation
FUNDING SOURCE:
Federal CARES Act Funding passed through the State of Idaho
Airport
Library
TIMELINE:
Final Decision to Participate Prior to Certification of Tax Levy to County Clerk on September 10, 2020
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
A letter of intent to participate in the Public Safety Grant Initiative was submitted via email to the Governor’s CFAC, (Coronavirus Financial Advisory Committee) for use of CARES Act
funds, on July 15, 2020. The final decision by Council to participate must be made prior to submission of the certified tax levy to the County Clerk on Thursday, September 10, 2020.
The City’s prorated share of the state’s available $188 Million is $305,371. The City must pass through these funds to property owners in the form of a property tax credit after deducting
3% for administrative costs and the amount necessary to hold the Urban Renewal Agency harmless.
By executive order 20-15, the State Tax Commission is to ensure the budget and levy effects of participation in the Initiative will be revenue neutral and Urban Renewal agencies would
be held harmless. The State Tax Commission will provide an estimate of the amount the McCall Redevelopment Agency could lose should the City participate in the Initiative. Staff expects
to receive the urban renewal estimate on Tuesday or Wednesday prior to the Council meeting. The State Tax Commission has provided a revised L-2 worksheet to calculate the amount of
property tax relief provided by the City’s participation in the Initiative. A completed Revised L-2 worksheet including the Governor’s Public Safety Initiative adjustment will be provided
once final amounts are received. An estimate of the potential tax credit per 100,000 of property value will be provided to Council at the meeting.
RECOMMENDED ACTION:
Authorize staff to submit the Revised GPSI L-2 Form with the Governor’s Public Safety Grant Initiative adjustment for Maximum non-exempt property tax budget including forgone and GPSI
amount of _________.
OR
Authorize staff to submit the standard L-2 Form without the Governor’s Public Safety Grant Initiative adjustment for Maximum non-exempt property tax budget of $6,437,590.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
07/09/2020
The Council was in support of submitting the letter of intent to participate