AMERICAN RESCUE PLAN
ACT (ARPA)
Javier Carcamo, Director of Finance
March 19, 2024
Received After Agenda Printed
03/19/2024 - Regular Meeting
City Manager - Administrative Update
2 Background
Introduction
On March 11, 2021, the American Rescue Plan Act
(ARPA) was signed into law
• State and Local Fiscal Recovery Funds (SLFRF)
• Objectives
• Public Health and Economic Impacts
• Vital Public Services
• Support Long-Term Growth and opportunities
3 Background
Program Administration
Murrieta’s allocation $16,463,101
First Installment - May 2021
Second Installment - May 2022
Workshops
October 28, 2021
February 22, 2022
Timeline of funds
Obligated by December 31, 2024
Expended by December 31, 2026
4 Background
Program Administration
Subject to Single Audit Act
Reporting, compliance, and recoupment
• Interim Report (1)
• Quarterly Reports (10)
5 Background
6 Financial
Update
Recommended Programs/Projects
Total Funding
Appropriated YTD Actuals
Project Fund
Reallocation Balance
Dine and Shop Local Incentives 1,000,000 1,000,000 - Affordable Housing 1,500,000 1,500,000 - Homelessness JPA 313,046 - 313,046 Homeless Outreach 410,954 410,954 - Cal Oaks Pool Replacement (CIP 22025) 2,000,000 - (2,000,000) - Town Square Park Amphitheater Parking (CIP 10041) - 2,000,000 2,000,000 COVID-19 PPE Expenses 266,601 131,669 (134,932) - Pickleball Courts - - 134,932 134,932 Employee Retention 284,290 284,290 - Water /Sewer Infrastructure 10,688,210 4,726,004 5,962,206 Total ARPA Fund Allocations 16,463,101 8,052,917 - 8,410,184 ARPA Proposed Projects and Fund Allocations
7 Projects
Update
Dine and Shop Local Incentive
Program
• $1.0 million Allocation
Affordable Housing
• $1.5 million Allocation
Homeless JPA and Outreach
• $724,000 Allocation
8 Projects
Update
Water/Sewer Infrastructure
• Madison Ave Water Distribution
(Innovation Zone)
• Multi-agency Collaboration
• $7.4 million Investment
• $1.4 million Annexation Costs
9 Projects
Update
Water/Sewer Infrastructure
• Los Alamos Hills Water Distribution
• $3.2 million investment
THANK YOU!