Finance Item/Grant Request Template
Date Submitted: 11-15-21
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
Name: Rory Regan
Email: rory.regan@denvergov.org
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A bill for an ordinance making rescissions from General Fund agency appropriations, making appropriations in the General Fund to make cash transfers.
Rescinds a maximum of $49 million from General Fund agency appropriations, authorizes appropriations to transfer cash to the Coronavirus Emergency Response Special Revenue Fund, and makes appropriations in the Coronavirus Emergency Response Fund to address ongoing emergency needs in 2022. The Committee approved filing this item at its meeting on 11-23-21.
body
Affected Council District(s) or citywide? Citywide
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This request is prompted by the forthcoming closure of the Coronavirus Relief Funds (CRF) program, which will expire on January 1,
2022. The Department of Finance intends to transfer eligible 2021 payroll expenses for employees in General Fund agencies who fulfill a public health or public safety pandemic response as outlined under CRF. This ensures all CRF funds are fully expended by the year-end deadline. Under U.S. Department of Treasury guidance, any unused CRF funds must be returned to the federal government.
To enable this action, this bill request rescinds a maximum of $49,000,000 fr...
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