Tuesday, December 1, 2020

City Approves Interlocal Agreement with Tarrant County for CARES Act Funding

The Southlake City Council approved an Interlocal Cooperation Agreement with Tarrant County during the June 2 session, to receive funding as part of the Coronavirus Aid Relief and Economic Security Act (CARES Act).

The CARES Act is designed to provide immediate economic assistance for industries and municipalities who have been impacted by COVID-19. Tarrant County received a direct allocation of an estimated $210 million and is in the process of providing grants to cities within the area.

The City of Southlake is estimated to be eligible for $1.6 million, or about $55 per capita. In order to receive the funds, the City has to enter into an interlocal cooperation agreement.

According to the grant guidelines, funds can be allocated for public health and unaccounted expenses that occurred between the time period of March 1, 2020 – December 30, 2020 and were not originally included within the City’s budget.

Terms of the agreement state the funds are only to be used on eligible expenses and cannot duplicate services. This means Tarrant County and the City cannot utilize the funds for the same service. The agreement also requires the City to submit a monthly report on how funds were allocated and for any unused funds be returned.

“We’re in the process of working the budget in detail, and that includes looking at our COVID expenses at this point and get reimbursement for what we spent, as well as project out for the remainder of what we think we will spend as it relates to fighting COVID-19,” City of Southlake CFO Sharen Jackson said during the meeting.

She said the funds will be used for local economic programs and expenses such as payroll, unemployment costs, telecommuting expenses, personal protective equipment (PPE), testing and disinfection supplies, customer service enhancements and legal fees.