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HomeMy WebLinkAbout _ 4.10(a)--Consider modifications to American Rescue Plan Act (ARPA) Funding � � �' � � � � � � ' � �' � � ' � ` CITY OF REDDING REPORT TO THE CITY COUNCIL MEETING DATE: November 19, 2024 FROM: Greg Robinett, Director of ITElVI NO. 4.10(a) Finance/City Treasurer ***APPROVED BY*** � � � �� „ �_,,�,,�� � �s� �r i t,t7 tc�� , �ic��zac���'i�y T��e:���r�� t�.'1'�'?ii'� �S' �P�it�,C`i ��t t� 1�,'�_�,''�{}� , grobinett@cityofredding.org btippin@cityofredding.org SUBJECT: 4.10(a)--Consider modification to American Rescue Plan Act Funding Allocations Recommendation Adopt Resolution approving and adopting the 67th Amendment to City of Redding Budget Resolution No. 2023-060 re-appropriating available American Rescue Plan Act funding from various projects which are not expected to be expended or encumbered in the appropriate time frame and moved to fund City of Redding Police Department, Park Rangers through November 2026 for fiscal year 2024-25. Fiscal Impact There is no impact to the General Fund as this action would move American Rescue Plan Act (ARPA) funding made available from redirecting previously allocated ARPA funding due to priorities of government operations. Alte�native Action City Council (Council) could request additional details or provide alternative direction for use of the ARPA funds. Backg�ound/AnaZysis The City of Redding (City) received two equal tranches of ARPA funds in May of 2021 and 2022 totaling approximately $18.7 million. Council, on multiple occasions, has adopted and modified this funding over the years. Many of the current projects have been fully expended or expect to be fu11y encumbered and allocated to meet ARPA specifications. ARPA funds require encumbering the funds by December 31, 2024, and to fully expend those funds within two years of that date by December 31, 2026. Report to Redding City Council November 13,2024 Re: 4.10(a)--Consider modifications to American Rescue Plan Act(ARPA)Funding Page 2 Below is a table showing the current budget with forecasted expenses, encumbrances through December 31, 2024, and the recommended adjustments. Projected Expense& Encumbered thru Project Budget 12/31/24 Adjustment UtilityAssistance 1,026,720 1,026,720 - Youth Programming 310,000 65,270 244,730 Street Maintenance 1,000,000 1,000,000 - Police Park Rangers 3,263,290 4,133,500 (870,210) Storm Drain Upgrades 2,000,000 2,000,000 - COVID Expenses 12,000 9,760 2,240 Police 8th Beat 2,548,150 2,387,240 160,910 Sports Scholarships 15,000 15,000 - MLK Center Upgrades 560,000 165,840 394,160 South City Park 92,270 92,270 - Non-Profit Assistance 700,000 700,000 - Riverfront Specific Plan 1,250,000 1,233,790 16,210 Youth CLC/RTC 73,280 21,320 51,960 Block 7lnfrastructure 2,407,730 2,407,730 - Police Vehicles 1,000,000 1,000,000 - General Fund Facilities 750,000 750,000 - Fire Alerting System 1,000,000 1,000,000 - Tiger Field Scoreboard 100,000 100,000 - Sidewalk Repairs 500,000 500,000 - Whistle Stop Park 85,000 85,000 - Total 18,693,440 18,693,440 - Staff has analyzed and determined the following projects should be modified in order to ensure that the available ARPA funding is fully expended and encumbered by the December 31,2024. Environmental Review This is not a project defined under the California Environmental Quality Act, and no further action is required. Council Prio�ity/City ManageN Goals • Budget and Financial Management—"Achieve balanced and stable Ten-Year Financial Plans for all funds." • Communication and Transparency — "Improve the quality of communication with the public and City employees to enhance knowledge and increase transparency to improve public trust." Attachments ^Resolution RESOLUTION NO. 2024- A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 67��H AMENDMENT TO CTTI' BUDGET RESOLU�TION NO. 2023-060 RE- APPROPRIATING $8'70,240 OF AIVIERICAN RESCUE PLAN ACT (ARPA) FUNDING FOR POLICE PARK RANGERS FOR FISCAL YEAR 2024-25 BE IT RESOL VED B Y THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2023-060 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 101 1402 Police—Field Operations $8'70,210 101 1099 Non-Departmental $312,900 101 1402 Police—Field Operations $160,910 101 1711 Parks $394,160 383 3831 Risk—Warker's Compensation $2,240 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE OF SOURCE OF FUNDS FUNDS Increase(Decrease)Revenue 101-1402-3600402-00000 ARPA 8th Beat Revenue $ (160,910} 383-3831-3604902-00000 ARPA-COVID Revenue (2,240) 101-1711-3608602-00000 ARPA-MLK Jr.Revenue (394,160) 10l-1 099-3600104-00000 ARPA-RF Specific Revenue (16,210) 10l-1099-3600102-00000 ARPA-YouYh Revenue (296,690) 101-1402-3600403-00000 ARPA-RPD Park Rangers Revenue 870,210 Increase(Decrease)Expenditures 101-1099-6000714-00000 ARPA-Youth Programming $ (244,730) 383-3831-6000726-00000 ARPA-COVID Expenses (2,240) 101-1402-6000728-00000 ARPA-8th Beat (160,910) 101-]7l 1-6000732-00000 ARPA-MLK Center Upgrades (394,160) 10l-]099-6000712-00000 ARPA-Riverfront Specific Plan (16,210) 101-1099-60007]0-00000 ARPA-Youth CLC/RTC (51,960) 101-1402-6000718-00000 ARPA-Police Park Rangers 870,210 Total $ - $ - THAT the purpose is to re-appropriate $$70,240 of American Reseue Plan Act (ARPA) funding for Police Park Rangers for fiscal year 2024-25. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 19th day of November, 2024, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: NOES: COUNCIL MEiYIBERS: ABSENT: COUNCIL MEIVIBERS: ABSTAIN: COUNCIL MEMBERS: TENESSA AUDETTE,Mayor ATTEST: FORM APPROVAL: SHARLENE TIPTON, City Clerk CHRISTIAN M. CURTIS, City Attorney