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Finance Committee Agenda and Packet 2023 04 20
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Finance Committee Agenda and Packet 2023 04 20
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5/5/2023 3:00:39 PM
Creation date
4/17/2023 2:00:53 PM
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City Council Records
Meeting Date
4/20/2023
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Boards Commissions Committees Records
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FEMA Costs/Reimbursement <br />Estimated City share (5%) F $209,167.42 <br />Estimated State share (5%) . $209,167.42 <br />Estimated FEMA Cost share (90%) <br />FEMA PA obligated <br />$3,765,013.56 <br />$4,183, 348.40 <br />$- $1,000,000.00 $2,000,000.00 $3,000,000.00 $4,000,000.00 <br />The table reflects the City's estimated cost share (5%) of FEMA reimbursed projects, the <br />amount that is currently obligated by FEMA, and the total expenses submitted to date so far. <br />All projects have been obligated. Next steps include completion of work and then closeout. <br />In addition, the City participated in the Boulder County Private Property Debris Removal (PPDR) <br />FEMA project. City staff are working with Boulder County staff to reconcile the costs and submit <br />those to FEMA. Boulder County is the fiscal agent for the project responsible for submitting all <br />costs to FEMA for reimbursement. The numbers below are not final —they represent the current <br />status of the PPDR cost reconciliation. The uncovered costs for Louisville may increase, or could <br />possibly be reduced by the submittal and consideration of cost offset by City staff and consultant <br />engineering time spent on PPDR (approx. $46,000). Final numbers will be available in the coming <br />months. <br />11/71 <br />
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