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HomeMy WebLinkAboutCouncil Presentation 04/06/2021-American Rescue Plan Act (ARPA)American Rescue Plan Act (ARPA) Erik Montague, Deputy Town Manager Council Meeting 4/6/2021 Items •Brief summary of ARPA and impact to Marana. •ARPA funding uses and limitations. •Direction regarding allowable uses. 2 ARPA Summary •Marana is getting $11.7M in emergency relief funding. •Non-entitlement cities/towns will receive the funds passed through the State. •Funds will be paid in 2 equal payments 12 months apart. •First payment could be received this fiscal year. •Funds must be used or transferred by December 31, 2024. 3 ARPA •Eligible uses of these funds include: •COVID-19 expenditures or its negative economic impacts. •Premium pay for essential workers. •Revenue replacement for the provision of government services. •Necessary investments in water, sewer, and broadband infrastructure. 4 ARPA •Restrictions on the uses of these funds include: •Funds allocated to states cannot be used to directly or indirectly to offset tax reductions or delay a tax or tax increase; •Funds cannot be deposited into any pension fund. 5 Discussion 6 Illustrative Listing of Possible Water Infrastructure •Northwest Recharge, Recovery, and Delivery System •Tangerine water line from I-10 to Twin Peaks •Twin Peaks water line from Blue Bonnet to Tangerine 7