DEPARTMENT: Finance
FILE TYPE: Consent Action
TITLE
title
Obligation Of American Rescue Plan Act Funding And Authorization To Amend Facilities Capital Improvement Program And Non-Departmental 2024 Budgets
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PURPOSE/ACTION REQUESTED
Obligate American Rescue Plan (ARP) Act funding and authorize amendments to the 2024 budget in Facilities Management Capital Improvement Program (CIP) and Non-Departmental.
SUMMARY
On March 11, 2021 the American Rescue Plan (ARP) Act was signed into law by the President in response to the unprecedented impacts of the COVID-19 health emergency on the economy, public health, state and local governments, individuals, and businesses. ARP provides various new sources to fund for the County's relief and response efforts related to COVID-19.
Dakota County received ARP funds in the amount of $83,332,300. To date, the County Board has allocated $82,435,977 of available ARP funds to 19 ARP eligible programs or projects.
On December 31, 2024, the County will be required to obligate any unspent ARP funds to be used from January 1, 2025, through December 31, 2026. Current rules would require the County to return to the Treasury any ARP funds that have not been obligated by the obligation deadline of December 31, 2024. The County would also be required to return any ARP funds not expended by December 31, 2026.
On December 3, 2024, the Finance Director presented a plan for obligation of all remaining funds at the Dakota County General Government and Policy Committee meeting.
RECOMMENDATION
recommendation
Staff recommend the Dakota County Board of Commissioners obligate all remaining ARP funds and authorize amendments to the 2024 budget in Facilities Management (CIP) and Non-Departmental budgets.
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EXPLANATION OF FISCAL/FTE IMPACTS
There is a $0 net County levy cost anticipated as a result of this action. The total estimated cost for the Energy Improvements Initiative project is $7,000,000 and the Computer Replacement Project is $8...
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