Page 306 - Hurst Budget FY21
P. 306

CARES ACT FUND




               During FY 19‐20 the City of Hurst received a per capita allocation of CARES Act funding from Tarrant County.  The
               City worked with Tarrant County to establish a budget for eligible expenditures under the United States
               Department of Treasury’s program guidelines for units of government.  Eligible expenditures include costs incurred
               by the City of Hurst in mitigating or responding to the COVID‐19 public health emergency.  The CARES Act will
               cover costs incurred from March 1, 2020 through December 30, 2020.  Any available funds after 9/30/2020 will be
               reserved for eligible costs through December 30, 2020 or will be returned to the Federal Government through
               Tarrant County.  Expenditures are detailed below.



                                                    CITY OF HURST
                                           2020-2021 APPROVED BUDGET
                                                   CARES ACT FUND
                                           REVENUE AND EXPENDITURES



                 FUND BALANCE OCTOBER 1, 2020                                                       $476,075

                 REVENUES

                                                                                              $0
                 TOTAL REVENUES                                                                           $0

                 TOTAL FUNDS AVAILABLE                                                               $476,075

                  EXPENDITURES

                          Personnel                                                       336,075
                          Materials & Supplies                                             20,000
                          Sundry                                                           20,000
                          Future Eligible Expendirures                                    100,000


                 TOTAL EXPENDITURES                                                                  $476,075







                 ESTIMATED FUND BALANCE AT SEPTEMBER 30, 2021                                             $0
















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