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HomeMy Public PortalAboutAB 22-085 Recommendations for Use of Federal Coronavirus State and Local Fiscal Recovery FundsMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 22-085 Meeting Date April 14, 2022 AGENDA ITEM INFORMATION  SUBJECT: Recommendations for Use of Federal Coronavirus State and Local Fiscal Recovery Funds (SLRF) 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 $786,000 Parks and Recreation    FUNDING SOURCE: Federal ARPA allocation distributed through state of Idaho by 12/31/22 Airport      Library    TIMELINE: 1st Report Due to US Treasury 04/30/22; Funds must be obligated for projects by 12/31/24 and expended by 12/31/26 Information Systems      Grant Coordinator    SUMMARY STATEMENT: Staff have reviewed the US Treasury Department rules for the use of these federal funds and evaluated the City Council’s priorities, adopted capital improvement and master plans to identify projects that meet the Council’s direction from the February 25th work session – to use these funds for Council priority projects that provide the most benefit and least amount of administrative overhead costs. To achieve this goal and give the city the most flexibility with the least amount of federal reporting requirements and restrictions, staff recommends the city claim these funds under the “revenue loss category” which allows recipients of awards less than $10Million to automatically qualify under this category without further justification. This category has less restrictions, required documentation and administrative overhead requirements than the other three categories (Public Health & Economic Impacts; Premium Pay; Water, Sewer, Broadband). Treasury encourages use of these funds for infrastructure and government services that invest in long-term needs and closes gaps that other federal and state grants have not covered. We are encouraged to use these funds on projects that leverage resources with other partners and serve impacted communities as defined in the rule. A presentation outlining the categories and city projects eligible for use of these funds will be given during the Council Meeting. Ultimately, the Council’s decision to dedicate these funds towards specific projects will occur during the FY23 budget process as the full amount of our allocation will not be received until the end of 2022. The action to be taken now is to file our first annual report with Treasury indicating under which category we will use these funds.  RECOMMENDED ACTION: Direct the City Treasurer to file the April 30, 2022, annual report with US Treasury identifying the city’s use of SLRF funds under the “revenue loss” category.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION  Feb 25, 2022 Council work session and direction to staff to develop recommendation for projects that support council priorities