Read Mayor Steinberg's proposal on how to spend $89 million in federal stimulus money
Today I submitted a letter to my City Council colleagues to start the discussion for how we should spend the $89 million allocation we received from the federal CARES stimulus act.
This money cannot be used to fill budget holes, and it must be spent by the end of December 2020. We must strike a balance between responding to the immediate economic pain of small businesses, community-based organizations and individuals, and crafting economic strategies needed to recover long-term from the economic disruption the virus and ensuing shutdown have caused. My proposed strategy will address the significant impacts on virtually every part of our community due to the public health crisis created by COVID-19.
Read my full letter to the Council here: