HomeMy WebLinkAboutAGENDA REPORT 2022 0216 CCSA REG ITEM 09D POWERPOINTGoals for Tonight
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▪Receive $8,701,674 in ARPA Funds
▪Set Aside $5,688,798 of ARPA Funds for the
Princeton Avenue Improvement Project
▪Provide direction to staff regarding allocation of
the remainder
▫Narrow down the list of potential projects
ARPA: A Brief History
Part I
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▪COVID-19 ravages the worldwide economy
▪Federal Government passes the American
Rescue Plan Act of 2021 (March 2021)
▪$1.9 trillion aid package
▪$350 billion for state/local/tribal governments
▪$8,701,674 for the City of Moorpark
ARPA: A Brief History
“Interim Final Rule”
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▪May 2021: Treasury Department publishes
“Interim Final Rule” for ARPA Spending
▪Some jurisdictions started spending ARPA funds
based on Interim Final Rule
▪Some jurisdictions waited for the Final Rule
-1 1 3 5 7
Administrative Costs
Revenue Replacement for Government Services
Addressing Negative Economic Impacts
Public Health
Community Survey
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ARPA: A Brief History
The “Final Rule”
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▪Contains final rules and processes for spending
ARPA Funds
▪Appropriate by December 31, 2024
▪Spend by December 31, 2026
▪Cannot be used to replenish rainy day or
savings funds
Receiving ARPA Funds
“Standard Allowance”
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▪Revenue Replacement is the most flexible ARPA
spending category (not limited to previously-
identified ARPA categories)
▪New “Standard Allowance” in Final Rule
stipulates up to $10,000,000 in ARPA funds is
presumed lost (no calculations required)
Receiving ARPA Funds
Budget Resolution
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▪Proposed Budget Amendment Resolution
▫Receive full $8,701,674 in ARPA Funds as
Revenue Replacement
▫Does not obligate spending yet
▫Spending requires City Council approval of
separate budget resolutions
Spending ARPA Funds
Potential Projects
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▪Princeton Avenue Improvement Project
▪40 previously-considered projects
(at July 28, 2021 City Council meeting)
▪Temporary City Hall Acquisition
Spending ARPA Funds
Project Considerations
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▪Considerations to Exclude Projects/Programs
▫At risk of not meeting ARPA-specified
timeframes
▫Large Administrative Burden for requested
funds
▫Dedicated Funding Sources
Spending ARPA Funds
Premium Pay Program
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▪Step 1: Identify Eligible Workers
▪Step 2: Verify the Eligible Worker Performs
“Essential Work”
▪Step 3: Verify the Premium Pay “Responds to”
Workers Performing Essential Work
▪Administratively Burdensome
Spending ARPA Funds
Project Considerations
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▪Considerations to Exclude Projects/Programs
▫At risk of not meeting ARPA-specified
timeframes
▫Large Administrative Burden for requested
funds
▫Dedicated Funding Sources
Spending ARPA Funds
Project Considerations
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Spending ARPA Funds
Sample Projects
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Project Cost
1) Provide Ventura County Behavioral Health personnel in
Moorpark to provide mental health services.
2) Install full capture devices to prevent trash from getting into
catch basins.
3) Create scholarship programs for the Little Learners
Academy, Library, and Active Adult Center.
4) Construct a Meet-Me Room to facilitate broadband
deployment in Moorpark.
5) Fund Princeton/Campus Park Landscape & Irrigation
Project.
$150,000
$50,000
$100,000
$200,000
$500,000
Sample numbers
totaling $1,000,000