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.