City Administrative Officer report relative to the Disaster Assistance Trust Fund Annual Financial Report for Fiscal Year ended June 30, 2025. (This item is referred to the Public Safety Committee and Budget and Finance Committee.)

This report details the financial activity of the Disaster Assistance Trust Fund (DATF) for the fiscal year ending June 30, 2025. The DATF, administered by the City Administrative Officer (CAO), received a total of $211,268,953 in revenues, including $2,460,624 in interest. Expenditures and transfers totaled $192,691,021.

Key financial activities include:

• Grant Receipts: Totaled $208,808,329, primarily from FEMA for various disaster events, with the largest portion ($207,707,793) allocated to the Coronavirus Disease 2019 (COVID-19) response.
• Transfers and Expenditures: Primarily reimbursements for emergency and facility repair costs. The largest transfer was $150,117,679 to the General Fund for COVID-19 reimbursements, including funds directed towards Project Roomkey and Homekey activities. Significant transfers also went to the Housing Department ($29,462,816) and Recreation and Parks ($7,227,187).
• Administrative Allowances: The DATF received $60,349 in federal and state administrative allowances and transferred $279,030 to the CAO for administrative costs.

The report notes a delay in its submission due to staffing limitations. The recommendation is for the City Council to note and file the report, with no impact on the General Fund.