Item 02: American Rescue Plan (ARP) Funding

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COSM_Admin

Administrator
Staff member
Receive a staff presentation regarding the current status of American Rescue Plan (ARP) Funding, and provide direction to the City Manager.
 

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  • ARPA CRF Budget Actuals Report Ending 12-31-22.pdf
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JHughson

CoSM Members
For the attached, there is a column for an amount not yet spent. There is not a column for dollars "left over" yet.
Is the expectation that all dollars will be spent for each item?
Or do we know of dollars that will be available? If not now, when?

I see that Hays County has allocated $1.1 million for the Hays County Food Bank? https://www.sanmarcosrecord.com/news/hcfb-executive-director-lays-out-vision-new-food-bank
Is it permissible for us to allocate funding to the Food Bank?

How much funding (CARES and ARPA) has been allocated for CVB purposes?
 

COSM_Admin

Administrator
Staff member
Response provided by Hayden Migl, Assistant to the City Manager:

Mayor Hughson:
For the attached, there is a column for an amount not yet spent. There is not a column for dollars "left over" yet.
Is the expectation that all dollars will be spent for each item?
Or do we know of dollars that will be available? If not now, when?
We do not yet have a line by line accounting of what dollars may be remaining for each item. In some cases, the amount has gone up due to inflation since the original cost estimate was submitted. Analysis of the individual projects and determining if they will expend all allocated funds is one of the primary tasks for the ARP consultant that was funded in the first round of the second tranche of ARP funding. I anticipate that this would be complete in the next six months, and we would then return to Council to determine how to allocate the remainder well in advance of the December 31, 2024 deadline.

I see that Hays County has allocated $1.1 million for the Hays County Food Bank? https://www.sanmarcosrecord.com/news/hcfb-executive-director-lays-out-vision-new-food-bank
Is it permissible for us to allocate funding to the Food Bank?
Yes, allocating a portion to the Food Bank is an acceptable use of funding.

How much funding (CARES and ARPA) has been allocated for CVB purposes?
$342,000 was allocated for CVB purposes. All of that was allocated in the first tranche of ARP funding.
 
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