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HomeMy WebLinkAboutResolutions - No. 2022-63RESOLUTION NO. 2022-63 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE FINAL BUDGET ALLOCATION AND SPENDING PLAN FOR THE CITY OF LODI'S USE OF FEDERAL AMERICAN RESCUE PLAN ACT OF 2021 FUNDING WHEREAS, COVID-19 has greatly impacted the economies and personal lives of people across the world, including in Lodi where the City Council approved a local emergency due to the COVID-19 pandemic on March 16, 2020; and WHEREAS, on March 11, 2021, the President signed the American Rescue Plan Act of 2021 (ARPA) that in part authorized $65 billion in block grants to all states, counties, local governments, tribes, and territories in the United States, with an award amount of $15,764,793 allocated to Lodi; and WHEREAS, the City Council has appropriated partial allocation of ARPA funding allocated to the City of Lodi, currently at $8,810,000 to community priority projects; and WHEREAS, the City Council desires to set Revenue Replacement (calculated as actual revenue received in a Fiscal Year as compared to the Fiscal Year 2018/19) for the General Fund, Parks, Recreation and Cultural Services and the Library as the Priority 1 use for ARPA funding in the estimated amounts listed in Exhibit A to this resolution; and WHEREAS, after ARPA funding is used to replace revenue, it is no longer subject to ARPA restrictions but is instead subject to local restrictions tied to the revenue source it was intended to replace; and WHEREAS, Exhibit A outlines the uses for the estimated $2,243,921 of General Fund revenue replacement to be authorized by this resolution and appropriates the full amount of General Fund revenue replacement, currently estimated to be $2,243,921 as outlined in Exhibit A; and WHEREAS, City staff recommend cancelling the vaccine incentive program and reallocating the budget to other Community Priorities; and WHEREAS, after funding Priorities 1 and 2, there is $1,818,204 available for programming to various Community Priorities. NOW, THEREFORE, BE IT RESOLVED that Lodi City Council does hereby approve the allocation plan for the use of federal American Rescue Plan Act of 2021 block grant funding, and appropriating funds from American Rescue Plan Act of 2021, as outlined collectively in Exhibit A. Date: March 2, 2022 I hereby certify that Resolution No. 2022-63 was passed and adopted by the Lodi City Council in a regular meeting held March 2, 2022, by the following vote: AYES: NOES: ABSENT: ABSTAIN COUNCIL MEMBERS — Hothi, Khan, Kuehne, Nakanishi, and Mayor Chandler COUNCIL MEMBERS — None COUNCIL MEMBERS — None COUNCIL MEMBERS — None 2022-63 PAMELA M. FARRIS Assistant City Clerk Exhibit A ARPA Adjustments FY 2021-22 Account Number Account Description Adjustment Recognize ARPA funds Revenue Adjustment 10400000-55023 ARPA Funding $ 15,764,793 Total Revenue Adjustments $ 15,764,793 Transfer from ARPA for Revenue loss & project funding's Revenue Adjustment 10095000-50001 Operating Transfer In $ 3,318,050 12000000-50001 Operating Transfer In 29,677 20000000-50001 Operating Transfer In 2,242,066 Total Revenue Adjustments $ 5,589,793 Expense Adjustment 10498500-72990 Special Payments $ - 10498600-72926 Utility Relief Payments 10498700-72990 Special Payments (238,075) 10498800-72450 Misc. Professional Services 10498800-72990 Special Payments - 10498800-77020 Capital Projects 238,225 10498900-76220 Operating Transfer Out 5,589,643 Total Expense Adjustments $ 5,589,793 Transfers for reserve replacement Revenue Adjustment 30000000-50001 Operating Transfer In $ 100,000 43100000-50001 Operating Transfer In 435,000 64200000-50001 Operating Transfer In 65,000 64300000-50001 Operating Transfer In 578,000 64400000-50001 Operating Transfer In 245,140 64102000-50001 Operating Transfer In 32,000 Total Revenue Adjustments $ 1,455,140 Expense Adjustment 10095000-76220 Operating Transfer Out $ 1,455,140 Total Expense Adjustments $ 1,455,140 To fund additional projects Revenue Adjustment 30000000-50001 Operating Transfer In $ 162,000 50400000-50001 Operating Transfer In 1,235,000 20000000-50001 Operating Transfer In 182,979 Total Revenue Adjustments $ 1,579,979 Expense Adjustment 10095000-76220 Operating Transfer Out $ 1,579,979 Total Expense Adjustments $ 1,579,979 CIP appropriation 30099000-77020 Project # PWST-0026 $ 100,000 10498800-77020 Project # ARPA-22001 238,225 Page 1 of 1