Item 35: Amending Funds in Fiscal Year 2020-21 Budget to Allocate ARP Funds

Status
Not open for further replies.

COSM_Admin

Administrator
Staff member
Consider approval of Ordinance 2021-54, on the first of two readings, amending certain funds in the City’s 2020-2021 Fiscal Year budget to allocate funds made available due to the Award to the City of American Rescue Plan Funds; and providing an effective date.
 
Last edited:

MDerrick

CoSM Members
This approval process happened SO quickly and only includes projects submitted by our city offices or commissions/committees/boards as far as I can tell. I think the real need right now should be focused on helping our citizens who have been pushed to the margins remain in their homes, as a majority of our citizens are at the poverty level or below. I know that we need to increase services to our small business' that are on the verge of collapse ASAP, but perhaps other issues, such as tourism, are not in line with the immediate needs of our community and could be funded when we receive our 2nd round of funding.

Could staff provide information about the possibility of including funding for programs to help keep our citizens stay housed, and support an increase in assistance for our ever increasing newly "unhoused" citizens due to the moratorium on evictions being lifted? There are at least three non profits I can think of off the top of my head who have transitional housing programs that need assistance now more than ever. I know Covid has caused emergency needs in all areas of community, but not all can be addressed in this first allotment of funding.

Thanks!
 

COSM_Admin

Administrator
Staff member
Response from Assistant Finance Director Anna Miranda:
ARP eligibility guidelines include “support immediate economic stabilization for households and businesses” and “addressing. . . economic challenges that have contributed to the inequal impact of the pandemic on certain populations”. Since tourism was one of the hardest hit areas in terms of the economy, ARP funds spent on marketing, and downtown events are expected to stimulate downtown activity and generate overnight stays to assist downtown businesses. In addition, $85k is included for vocational instruction and case management services for citizens impacted by COVID or other disasters, and $533k included for small business development and counseling programs. Allocating additional funds in these areas is up for council discussion as part of this agenda item this evening.
 
Status
Not open for further replies.
Top