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File #: 22-0057   
Type: Regular Business Status: Agenda Ready
In control: City Council - Successor Agency - Housing Authority
On agenda: 1/18/2022 Final action:
Title: PROPOSED ARPA SPENDING PLAN FOR CITY COUNCIL CONSIDERATION
Attachments: 1. 011822 ADM ARPA Spending Plan Agenda Report, 2. 011822 ADM ARPA Spending Plan Updated ARPA Project List, 3. 011822 ADM ARPA Spending Plan Proposed ARPA Spending Plan, 4. 011822 ADM ARPA Spending Plan ARPA Spending Plan Project Priority Rank, 5. 011822 ADM ARPA Spending Plan US Treasury Expenditure Categories Appendix

Title

PROPOSED ARPA SPENDING PLAN FOR CITY COUNCIL CONSIDERATION

Summary

The proposed ARPA Spending Plan for City Council consideration would formally obligate its $32.7 million American Rescue Plan Act (ARPA) funding allocation for projects and programs allowable under US Treasury guidelines. City Council has obligated $1.45 million of ARPA funds to date.  On December 7, 2021, City Council approved additional budget reductions to the Fiscal Year 2021-22 Budget and correspondingly designated $11.9 million of ARPA funds for ‘Revenue Replacement’ to stabilize government finances, leaving $19.3 million of remaining unobligated ARPA funds for projects / programs allowable under US Treasury guidelines.

 

Recommendation

Recommendation:

 

1.                     Ratify December 7, 2021 City Council direction and obligate and appropriate $11.9 million of ARPA allocation for Revenue Replacement - Provision of Government Services and grant City Manager authority to designate application to support stabilization of government finances.

 

2.                     Obligate and appropriate the remaining $19.3 million of unobligated ARPA funds to program / project areas in accordance to US Treasury guidelines and formally approve and adopt the $32.7 million Proposed ARPA Spending Plan.

 

3.                     Authorize City Manager to manage and administer funds within respective ARPA eligible program areas to align programs or projects within the ARPA Spending Plan to comply with evolving Federal guidance and City Council priorities.

 

4.                     Authorize City Manager, or designee, to make necessary budget and accounting adjustments to account for and maintain financial records for ARPA funds obligated and expended to comply with US Treasury guidelines.