HomeMy Public PortalAboutAB 22-057 Federal SLRF UpdateMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 22-057
Meeting Date February 25, 2022
AGENDA ITEM INFORMATION
SUBJECT:
Update on Federal Coronavirus State and Local Fiscal Recovery Funds (SLRF) Discussion and Direction to Staff
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Originator
Clerk
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
Approximately $700,000 over 2 years
Parks and Recreation
FUNDING SOURCE:
Federal ARPA
Airport
Library
TIMELINE:
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
As part of the American Rescue Plan passed by Congress in response to the Coronavirus pandemic, state and local governments were allocated $350 Billion across the country through the
SLRF. The payments are spread over two funding cycles and granted to local governments on the basis of population percentages. The US Treasury Rule for use of the funds is effective
April 2022. The purpose of the SLRF is to:
Fight the pandemic and support families and businesses struggling with its public health and economic impacts,
Maintain vital public services, even amid declines in revenue, and
Build a strong, resilient, and equitable recovery by making investments that support long-term growth and opportunity
The City Manager and City Treasurer will brief Council on McCall’s allocation and possible uses. The Council’s feedback will inform the budgeting of these funds for the FY23 budget and
beyond. A summary of the US Treasury Rules for the use of the funds is attached.
RECOMMENDED ACTION:
Discussion and direction to staff.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION