To: Board of County Commissioners
Through: Michelle Halstead, Director, Commissioners' Office
Prepared By:
prepared
Cody O'Brien, Management Analyst I, Commissioners' Office
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presenter
Presenter: ARPA Team
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Subject:
title
1:30 PM *ARPA Information Session and Quarterly Update
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Purpose and Request:
recommended action
The purpose of this study session is to provide the Board an update on Arapahoe County's ARPA program, including funding and allocations to date. The ARPA Team will provide status updates on several projects, including Ridge View Campus; Aurora and Sheridan Public Schools; and several water projects from Arapahoe County Water and Wastewater Authority (ACWWA), Byers Water and Sanitation District, and Inverness Water and Sanitation District. ACWWA provided alternative projects that they are seeking to use existing funding allocations. A detailed document reviewing these alternatives is attached for reference. Additionally, staff will seek board guidance on an updated request from the Finance Department for additional accounting support funding. Lastly, staff will provide recommendations and seek board guidance on final determination of projects to convert to revenue loss/general government expenses before year-end.
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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 have to be obligated no later than December 31, 2024, and expended no later than December 31, 2026...
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