D3) American Rescue Plan Act (ARPA) Update
(Est. Time 2 HOURS)
Summary:
The Board will consider the allocation of a portion of funds from the American Rescue Plan Act. ARPA funds are broken into two categories: restricted and discretionary. Restricted funds can only be used for response and recovery efforts directly related to the COVID-19 public health emergency and its effect on our communities, as well as water, sewer and broadband infrastructure needs.
Discretionary funds are to replace lost revenue related to the pandemic, and may be spent on government services at the Board’s discretion.
The Board will consider allocation of the remaining restricted funds for this fiscal year. The Board may also provide guidance on priorities for funds for next fiscal year. Allocation of discretionary funds will be incorporated into a budget discussion later this fiscal year.