Title
Resolution authorizing an emergency appropriation in the amount of $66,446,879 of Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) as part of the American Rescue Plan Act (ARPA) in federal grant revenue into Fund 746 ARPA Fund.
Staff Summary
* The ARPA was signed into law on March 11, 2021. On May 19, 2021 the County received $67,646,879, half of the amount the County will receive in total from the US Treasury.
* The funds can be used for needs associated with public health, to counteract negative economic impacts, provide services to disproportionately impacted communities, for infrastructure, to provide premium pay, to replace lost revenue, and for administrative purposes during a period from March 3, 2021 to December 31, 2024.
* Lake County previously appropriated $1,200,000 of the federal grant revenue received for the purposes of food and housing instability as well as PPE storage.
* The remaining amount of the grant revenue of $66,446,879 must be appropriated so that the associated expenses can be appropriated by the County Board for specific uses.
* Authority to spend appropriated funds and execute any and all agreements with partners related to this allocation and distribution of Coronavirus State and Local Fiscal Recovery Funds is delegated to the County Administrator or their designee(s).
Body
RESOLUTION
WHEREAS, Lake County has received Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) through the American Rescue Plan Act (ARPA); and
WHEREAS, an emergency appropriation of the federal grant revenue is necessary to make the funding available for the purposes designated by the Financial and Administrative Committee.
NOW, THEREFORE, BE IT RESOLVED, that an emergency appropriation in the amount of $66,446,879 is hereby authorized in Fund 746 ARPA Fund in account 746-1000060-45334 (federal grant revenue); and
BE IT FURTHER RESOLVED, that the authority to spend funds in accordance with the appropriated budget and to execu...
Click here for full text