Commissioners Court Meeting
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Meeting Date:
03/14/2022
ARPA Revenue Replacement
Submitted for:
Maria Silva
Submitted By:
Maria Silva
Department:
Water Utilities
Subject:
Discussion and possible action to accept the $10,000,000 (TEN MILLION DOLLARS) standard option under the American Rescue Plan Act (ARPA) Final Rule for loss revenue replacement as recommended by the ARPA Review Committee; and authorizing the County Judge to sign all relevant documents; and any other matters incident thereto.
Issue:
Local government budgets experienced substantial cost increases and revenue decreases in result of the COVID-19 pandemic.
Solution:
Webb County may allocate a “standard allowance” of $10 million for the entire period of performance under the ARPA grant.
Result:
With the funds provided by the ARPA grant, Webb County will be able to minimize the impact associated with revenue losses caused by the pandemic.
Background:
N/A
Previous Court Action:
N/A
Fiscal Impact
Budget Account Number:
N/A
Funding Source:
N/A
Balance:
N/A
Financial Impact:
No impact to the general fund.
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