HomeMy WebLinkAbout22-038 Allowance for Revenue Loss for ARPA Funds
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 22-038
A RESOLUTION APPROVING THE STANDARD ALLOWANCE FOR REVENUE LOSS
FOR THE CORONAVIRUS LOCAL FISCAL RECOVERY FUNDS ESTABLISHED UNDER
THE AMERICAN RESCUE PLAN ACT
Motion By: Burkart Second By: Thompson
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
since the first case of coronavirus disease 2019 (COVID-19) was discovered in
the United States in January 2020, the disease has infected over 32 million and
killed over 575,000 Americans (“Pandemic”). The disease has impacted every
part of life: as social distancing became a necessity, businesses closed, schools
transitioned to remote education, travel was sharply reduced, and millions of
Americans lost their jobs; and
Congress adopted the American Rescue Plan Act in March 2021 (“ARPA”)
which allocated $350 billion in pandemic-related aid to states, territories, tribes,
and local government. This included $65 billion in recovery funds for cities
across the country. ARPA funds are intended to provide support to state, local,
and tribal governments in responding to the impact of COVID-19 and in their
efforts to contain COVID-19 in their communities, residents, and businesses;
and
the Unites States Department of Treasury in the Final Rule issued January 6,
2022, allowed local government recipients to utilize an amount not to exceed
$10,000,000 (Standard Allowance) of their awarded allocation for the
replacement of lost public sector revenues due to the Pandemic; and
the United States Department of Treasury has adopted guidance regarding the
use of ARPA funds. The city, in response to the Pandemic, has had
expenditures and anticipates future expenditures consistent with the
Department of Treasury’s ARPA guidance.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. City staff, has determined the Standard Allowance related to lost public sector revenue is the least
restrictive use of these funds and allow City staff to utilize the funds for the provision of government
services, including wages, infrastructure improvements, maintenance, capital projects and other
services as deemed necessary to continue the City’s response to the Pandemic.
3. City staff is authorized to amend the budget to comply with grant agreements and restricted
donations.
Passed and adopted by the Prior Lake City Council this 21st day of March 2022.
2
VOTE Briggs Thompson Burkart Braid Churchill
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager