File #: TMP-6123    Version: 1 Name:
Type: RLA Status: Agenda Ready
File created: 11/6/2024 In control: Audit and Finance Committee
On agenda: Final action:
Title: Project Authorization for Allocating State and Local Fiscal Recovery Funds for Tranche 1 Revenue Replacement and Budget Amendment for Allocating State and Local Fiscal Recovery Funds for Tranche 1 Revenue Replacement Expenditures for Fiscal Year 2024
Sponsors: Audit and Finance Committee
Attachments: 1. TMP-6123 ARPA Revenue Replacement Cover Letter for 2024.pdf, 2. RLA Form 6123, 3. Revenue Replacement Projects Budget Amendment.pdf, 4. SLFRF-Compliance-and-Reporting-Guidance_October2024.pdf
Date Ver.Action ByActionResultAction DetailsMeeting Details
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REQUEST FOR LEGISLATIVE ACTION

Description (e.g., Contract Authorization for Information Services):

title

Project Authorization for Allocating State and Local Fiscal Recovery Funds for Tranche 1 Revenue Replacement and Budget Amendment for Allocating State and Local Fiscal Recovery Funds for Tranche 1 Revenue Replacement Expenditures for Fiscal Year 2024

body

 

Date:                                                                11/6/2024

Department:                                          Management & Budget

Attending Meeting:                     David Reilly

Submitted By: David Reilly                     

Title:                                            Commissioner

Phone:                       518-447-5525

 

Purpose of Request:  Budget Amendment                         Enter text.

 

CONTRACT TERMS/CONDITIONS:

Party Names and Addresses:
Enter text.

 

Term: (Start/end date or duration)                      1/1/2024-12/31/2026

Amount/Raise Schedule/Fee:                                          $29,515,880

 

BUDGET INFORMATION:

Is there a Fiscal Impact:                                                                Yes No

Anticipated in Budget:                                           Yes No

Spreadsheet attached:                                          Yes No

 

Source of Funding - (Percentages)

Federal:                     100%                      County:                      Enter text.

State:                                           Enter text.                      Local:                                          Enter text.

 

County Budget Accounts:

Revenue Account and Line:                                           See attached spreadsheet.

Revenue Amount:                                                                                      $10,000,000                     

Appropriation Account and Line:                                            See attached spreadsheet.

Appropriation Amount:                                                                $10,000,000

 

ADDITIONAL INFORMATION:

Mandated Program/Service:                                          Yes No

If Mandated, Cite Authority:                                          Enter text.

Request for Bids / Proposals:

                     Competitive Bidding Exempt:                     Yes No

# of Response(s):                                                               Enter text.

                     # of MWBE:                                                                                    Enter text.

# of Veteran Business:                                          Enter text.

Bond Resolution No.:                                                               Enter text.

Apprenticeship Program                                                               Yes No

 

Previous requests for Identical or Similar Action:

Resolution/Law Number and Date:                     Enter text.

 

DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)

The Department of Management & Budget is requesting Legislative authorization to obligate $29,515,880 for eligible personnel expenditures made between 1/1/2024 and 12/31/2026 using revenue replacement funds from the State and Local Fiscal Recovery Funds program of the American Rescue Plan Act. The budget amendment for this particular request allocates $10,000,000 of the $29,515,880 for personnel expenditures in fiscal year 2024. The remaining $19,515,880 will be allocated in 2025 (up to $10,000,000 in eligible personnel expenditures) and 2026 (up to $9,515,880 in eligible personnel expenditures). The eligibility criteria for expenditures of revenue replacement funds is that the position needs to have existed prior to 12/31/2024 and it cannot be funded by other federal or state revenues. The Department of Management & Budget is proposing funding positions using revenue replacement funds that reflect the pluralistic nature of Albany County government, like: grants administration; civil service; economic development; parks and recreation; veterans services; audit and control; election administration; archiving; legislative staff; and 911 dispatch.

 

As part of this legislative action, the Department of Management & Budget, in conjunction with the Department of Audit & Control, will reserve the right to adjust which positions the revenue replacement funds are allocated to cover if actual expenditures for a position in a particular year are below the allocation indicated in the budget amendment (e.g., the actual expenditure is below the current fiscal year's budgeted amount due to vacancies, etc.). The Department of Management & Budget and the Department of Audit & Control will apply the same criteria for determining expenditure eligibility when determining any necessary reallocations. This flexibility is needed to ensure that reporting to the US Treasury aligns with actual expenditures made by Albany County for eligible personnel costs using revenue replacement funds from the State and Local Fiscal Recovery Funds program. The annual allocation of personnel expenditures made with revenue replacement funds for a particular fiscal year cannot exceed the annual amounts obligated by this action.