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Louisville Metro KY - COVID-19 Daily Financial Report 05-15-2020

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<div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'>This document details estimated expenditures related to COVID-19.</div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><br /></div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'>Please be advised that this information is a fluid, constantly changing report and this is ONLY a snapshot of it on the day in question.</div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><br /></div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'>Some of the entries represent encumbrances of intended expenditures which may or may not have occurred. An hypothetical (not actual) example would be Metro submitting a bid for masks for $600k and we ended up losing the bid. That estimated expenditure would be listed and “encumbered” on this list but ultimately removed since it was not successful.</div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><br /></div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'>Personnel costs are estimates based on daily time entries. Final personnel costs will be pulled from actual payroll totals which are processed every two weeks.</div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><br /></div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'>Additionally, the following monthly reports have been provided to the Louisville Metro Budget Committee to document CARES-related formal drawdown of funds as well as CARES budget updates for both FY20 and FY21.</div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><font color='#000080' style='font-family:inherit;'><br /></font></div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><font color='#000080' style='font-family:inherit;'>Contact:</font></div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><a href='mailto:OpenRecords2@louisvilleky.gov' style='color:rgb(0, 121, 193); text-decoration-line:none; font-family:Lato; box-sizing:border-box; background-color:rgb(255, 254, 238);' rel='nofollow ugc'><font color='#000080' style='font-family:inherit;'>OpenRecords2@louisvilleky.gov</font></a></div>
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