American Rescue Plan Act (ARPA) Funding
On March 11, 2021, President Biden signed the American Rescue Plan Act (ARPA) of 2021 into law. The $1.9 trillion economic recovery package, based on President Biden’s American Rescue Plan, is intended to provide financial aid to families, governments, businesses, schools, non-profits and others impacted by the COVID-19 public health crisis.
Through the passage of H.R. 1319, the American Rescue Plan Act (ARPA), state, tribal and local governments are expected to receive billions in much needed assistance to help offset the negative impacts of COVID-19. The City of Shasta Lake is currently expected to receive $2.49 million. It is anticipated that funds will be received in 2 equal installments one year apart with the first allocation received on 07/14/2021 ($1,245,505), and the final installment expected one year later in 2022. All funds must be allocated by the end of calendar year 2024. Current regulations allow local governments to utilize funds in the following ways:
- Support public health expenditures, by funding COVID-19 mitigation efforts, medical expenses, behavioral healthcare, and certain public health and safety staff
- Address negative economic impacts caused by the public health emergency, including economic harms to workers, households, small businesses, impacted industries, and the public sector
- Replace lost public sector revenue, using this funding to provide government services to the extent of the reduction in revenue experienced due to the pandemic
- Provide premium pay for essential workers, offering additional support to those who have borne and will bear the greatest health risks because of their service in critical infrastructure sectors
- Invest in water, sewer, and broadband infrastructure, making necessary investments to improve access to clean drinking water, support vital wastewater and stormwater infrastructure, and to expand access to broadband internet
- Ineligible uses prohibit deposits into pension funds, debt service, legal settlement or judgements, deposits to rain day funds or financial reserves @(Model.BulletStyle == CivicPlus.Entities.Modules.Layout.Enums.BulletStyle.Decimal ? "ol" : "ul")>
The Coronavirus State and Local Fiscal Recovery Funds provide substantial flexibility for each jurisdiction to meet local needs—including support for households, small businesses, impacted industries, essential workers, and the communities hardest-hit by the crisis. These funds also deliver resources that recipients can invest in building, maintaining, or upgrading their water, sewer, and broadband infrastructure
Financial Support for Outside Agencies
The City of Shasta Lake is currently accepting applications for the ARPA funded Non-Profit Support Program. This program allows local non-profits impacted by COVID-19 to apply for up to $10,000 in grant funds. More information, including application materials, can be found here.
The following is a summary of outreach events/meetings
August 2, 2021 (10:00 AM) - Finance Committee Meeting
August 17, 2021 (6:00PM) - City Council Meeting
September 7, 2021 (6:00PM) - City Council Meeting
September 29, 2021 (2:00PM) - Ad Hoc Committee Meeting
The following links provide additional information on the American Rescue Plan Act:
State, territorial, metropolitan city, county, Tribal governments, and Non-Entitlement Units that receive funding from the State and Local Fiscal Recovery Funds Programs are required to meet compliance and reporting responsibilities. This ensures an equitable, transparent, and responsible recovery for all Americans.