Title
Presentation and Recommendation on the American Rescue Plan Act (ARPA) Allocation of Uses Plan
Recommended Action
I move that Council approve the ARPA Allocation of Uses Plan described in Attachment A as recommended by staff.
County Manager's Recommendation
The County Manager recommends that Council approve the recommended uses by general category described in Attachment A as recommended by staff.
Body
The US Department of the Treasury has allotted Coronavirus Local Fiscal Recovery Funds with the addition of the American Rescue Plan Act to Los Alamos County and requires an initial report of uses from the receipt of award through August 31, 2021. The County has budgeted the revenue received to date per DFA requirements, but has not programmed or spent any funds to date. The reporting requires that the County identify expenditure categories for planned uses of ARPA funds. The next required report will cover the time of the award through September 30, 2021.
The County has been allotted $3,762,201 and received half of its allotment in the amount of $1,881,100.50 as of May, 2021. The remaining half is anticipated to be received in May of 2022. ARPA funds are intended to be used over a longer term than CARES Act Funds, with an expansion of eligible uses and much more stringent reporting requirements of demographic and other statistical data. The County has the ability to spend the funds on eligible uses for the period of March 3, 2021 - December 31, 2024 with final performance of December 31, 2026.
The County has the ability to spend the award on a broad range of categories including:
a) To respond to the public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality;
b) To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible worker...
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