City of Albuquerque
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File #: R-20-73   
Type: Resolution Status: Adopted
File created: 6/15/2020 In control: City Council
Final action: 6/29/2020
Enactment date: Enactment #:
Title: F/S Adjusting Fiscal Year 2020 Appropriations For Certain Funds And Programs Due To The Fiscal Impact Of The COVID-19 Public Health Emergency On City Revenues And Expenses (Benton, by request)
Attachments: 1. R-73, 2. R-73 Approved Floor Substitute.pdf, 3. R-73FSfinal
Date Action ByActionResultAction Details
7/1/2020 City Council Sent to Mayor for Signature  Action details
6/29/2020 City Council MotionPass Action details
6/29/2020 City Council Passed as Substituted, as AmendedPass Action details
6/29/2020 City Council AmendedPass Action details
6/29/2020 City Council Amended  Action details
6/29/2020 City Council SubstitutedPass Action details
6/15/2020 City Council Introduced  Action details
6/15/2020 President To be heard at the Council Meeting  Action details
CITY of ALBUQUERQUE
TWENTY-FOURTH COUNCIL


COUNCIL BILL NO. F/S R-20-73 ENACTMENT NO. _________________

SPONSORED BY: Isaac Benton, by request


RESOLUTION
title
F/S Adjusting Fiscal Year 2020 Appropriations For Certain Funds And Programs Due To The Fiscal Impact Of The COVID-19 Public Health Emergency On City Revenues And Expenses (Benton, by request)
body
ADJUSTING FISCAL YEAR 2020 APPROPRIATIONS FOR CERTAIN FUNDS AND PROGRAMS DUE TO THE FISCAL IMPACT OF THE COVID-19 PUBLIC HEALTH EMERGENCY ON CITY REVENUES AND EXPENSES.
WHEREAS, the Council approved the revised Fiscal Year 2020 operating budget on December 24, 2019 through Resolution R-19-211; and
WHEREAS, on March 11, 2020, Governor Michelle Lujan Grisham issued Executive Order 2020-004, Order Declaring a State of Public Health Emergency relating to the spread of COVID-19; and
WHEREAS, actual revenues for Fiscal Year 2020 are estimated to be $27.2 million less than budgeted due to the COVID-19 public health emergency; and
WHEREAS, City departments reduced operating expenses in Fiscal Year 2020 by approximately $15.5 million in anticipation of the revenue declines; and
WHEREAS, actual revenues for Fiscal Year 2021 are estimated to be $55.2 million to $106.7 million less than forecasted due to the COVID-19 public health emergency; and
WHEREAS, adjustments are required for Fiscal Year 2020 appropriations; and
WHEREAS, R-20-34 (Enactment No. R-2020-041) appropriated $150.4 million in direct funding from the CARES Act Coronavirus Relief Fund (CRF) for Fiscal Year 2020 and 2021 for the City of Albuquerque; and
WHEREAS, CARES Act CRF funding allows for payroll and service related expenditures substantially dedicated to mitigating and responding to the COVID-19 public health emergency and will result in eligible estimated costs of $42.3 million ($41.3 million - Payroll and $1 million - Services) for Fiscal Year 2020; and
WHEREAS, CARES Act CRF funding ...

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