To: Board of County Commissioners
Through: Michelle Halstead, Director, Commissioners' Office
Prepared By:
prepared
Cody O'Brien, Management Analyst I, Commissioners' Office
end
presenter
Presenter: ARPA Team
end
Subject:
title
2:00 PM *ARPA Information Session and Quarterly Update
end
Purpose and Request:
recommended action
The purpose of this study session is to provide the Board a final update on Arapahoe County's ARPA program, including funding and allocations to date. Per ARPA regulations, the entirety of the County's ARPA funding was obligated before the December 31, 2024, deadline.
end
Background and Discussion: The American Rescue Plan Act (ARPA) is a $1.9 trillion economic stimulus bill signed into law March 2021. The goal of ARPA is to support public health response, address negative economic impacts resulting from or exacerbated by the COVID-19 public health emergency, replace public sector revenue loss, address premium pay for essential workers, and invest in water, sewer, and broadband infrastructure. The legislation builds on the CARES Act funding from 2020, which provided Arapahoe County $114 million in one-time funding. Arapahoe County received over $127 million in ARPA funds, which had to be obligated no later than December 31, 2024, and will need to be expended no later than December 31, 2026.
The Board updated its Response & Recovery Plan goals and objectives in 2021 and expanded its list of initial programmatic areas for potential funding consideration. The Board also held 14 stakeholder outreach meetings to understand community needs and solicit funding proposals. Based on U.S. Treasury Guidance and stakeholder input, an interdisciplinary staff team presented an allocation approach as well as evaluation criteria matrix to help inform future Board decision-making. This information was presented at a Sept. 21, 2021, study session and received Board approval to move forward. Throughout 2021 and 2022, the Board reviewed n...
Click here for full text