Agenda Date: 10/22/2024
Subject:
Title
American Rescue Plan Act (ARPA) Expenditure Update
Body
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From: |
James L. Becklenberg, City Manager |
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Prepared by: |
Tiffany Hooten, Finance Director |
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Presentations: |
Tiffany Hooten, Finance Director |
PURPOSE:
Staff will provide an update on the American Rescue Plan Act funds and seek direction from the City Council on the use of remaining funds.
LONG-TERM OUTCOME(S) SERVED:
High-Quality Governance
DISCUSSION:
In 2021 and 2022, the city received a total of $12,081,126 in American Rescue Plan Act (ARPA) funds. Staff and council have discussed the use of the funds over the past several years and as programs and projects have been expended, some funds remain unallocated or available for use. In order for funds to be available to use after December 31, 2024, the funds must be obligated by having a contract or IGA in place or ARPA funded personnel must be hired by December 31, 2024. This would allow funds to be available to be used through December 31, 2026.
BACKGROUND:
The city received a total of $12,081,126 in American Rescue Plan Act (ARPA) funds in 2021 and 2022 to help respond to the impacts of the Coronavirus national pandemic by providing additional funding for numerous projects, programs, and staffing needs as the city continued to recover.
Prior Actions or Discussions
ARPA funds have been discussed at several study sessions and budget sessions since 2021.
FISCAL IMPACTS:
The city received a total of $12,081,126 in ARPA funds in 2021 and 2022.
The following is the amount of ARPA funds spent as of September 30, 2024.
|
Amount |
Project/Program/Effort |
|
$ 87,750 |
Local Partnership Funding |
|
$ 105,000 |
Bookmobile |
|
$ 999,962 |
Mobile Command Unit |
|
$ 170,000 |
Historic District |
|
$ 377,717 |
Business Support/Civic Programs |
|
$ 313,076 |
Housing efforts |
|
$ 627,805 |
Homelessness efforts |
|
$ 183,159 |
Street Projects |
|
$ 16,854 |
Systems Efficiencies |
|
$ 174,999 |
Software and security measures |
|
$ 2,987,668 |
Workday ERP |
|
$ 1,350,000 |
Fleet/IT Funds transfers |
|
$ 180,000 |
Littleton Downtown Development Authority |
|
$ 220,552 |
Lib/Mus staffing |
|
$ 1,223,950 |
City-wide staffing needs |
|
$ 110,343 |
Economic Development Programs |
|
$ 26,036 |
Other |
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$ 9,154,871 |
Total Spent as of 9/30/2024 |
The following is the amount of ARPA funds that are planned to be spent or encumbered by December 31, 2024.
|
Amount |
Project/Program/Effort |
|
$ 330,000 |
Historic District |
|
$ 135,754 |
Business Support/Civic Programs |
|
$ 710,924 |
Housing efforts |
|
$ 100,000 |
Homelessness efforts |
|
$ 121,841 |
Street Projects |
|
$ 512,332 |
Workday ERP |
|
$ 50,000 |
Fleet/IT Funds transfers |
|
$ 423,742 |
City-wide staffing needs |
|
$ 47,171 |
Systems Efficiencies |
|
$ 114,657 |
Economic Development Programs |
|
$ 11,119 |
Other efforts/needs |
|
$ 2,557,540 |
Total encumbered/spent by 12/31/2024 |
The following is the amount of ARPA funds that are available to be spent or encumbered by December 31, 2024. It is estimated that there is $368,715 of ARPA Funds available to be allocated and spent or encumbered by December 31, 2024.
|
Amount |
Project/Program/Effort |
|
$ 272,195 |
Homelessness efforts |
|
$ 96,520 |
Unallocated |
|
$ 368,715 |
Funds Available to allocate/encumber by 12/31/2024 |
The following is a summary of the use of ARPA funds.
|
Amount |
Project/Program/Effort |
|
$ 9,154,871 |
Total Spent |
|
$ 2,557,540 |
Total planned to be spent/encumbered by 12/31/2024 |
|
$ 368,715 |
Funds available to spend/encumber by December 31, 2024 |
|
$ 12,081,126 |
Total ARPA Funds |
Staff will be discussing options for use of the remaining ARPA funds.
STAFF RECOMMENDATION:
Staff is requesting direction on the use of the remaining ARPA funds to be obligated by December 31, 2024.
ALTERNATIVES
1) Provide direction on use of remaining ARPA funds by encumbering or spending the funds by December 31, 2024.
2) Funds not used or encumbered by December 31, 2024, will be required to be returned to the U. S. Treasury.