Like a lot of Americans, Alexandria is working on figuring out how to put its upcoming stimulus checks to good use.
The City of Alexandria is preparing to receive around $59.4 million from the American Rescue Plan (ARP) and the city is currently working through how and where to put that money to use.
The funding is scheduled to arrive in two parts: first in May of this year, then again in May 2022. Unlike the CARES Act funding, this funding will go directly to the city rather than passing through the state.
In a presentation prepared for the City Council meeting on Tuesday, March 23, staff laid out the timeline for how and when the city will allocated the funding.
According to the city, the plan is to:
- Develop a plan this spring for spending part or all of the first $29.7 million tranche and present the plan for City Council’s consideration on July 6. The exact amount will depend upon further guidance on use of funds for revenue loss.
- Designate $450,000 now for use towards continuing food distribution and housing eviction programs between now and July.
- The second $29.7 million (plus any amounts of the first tranche not allocated) could be considered as part of the FY 2023 budget process plan for the spending of during FY 2023 and beyond.
- Focus primarily on programs that have a finite end as well as long term capital investments that meet the ARP spending purposes, and not initiate programs where there would be an expectation of continuation when the ARP funding ends.
- When considering CIP projects, determine what can be realistically completed by 2024.
- Consider what may already be covered through other sections of the legislation and other potential federal resources. (Targeted Appropriations, Infrastructure Funding, etc.)
As the city works to put together its plan, the presentation noted that staff will conduct community engagement to help establish priorities throughout April, along with coordinating with departments like Department of Community and Human Services, the Housing Office, the Alexandria Economic Development Partnership and Visit Alexandria.
Over the course of April and May, staff will work on proposal development for presentation to the City Council on July 6.
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