File #: 24-788    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/6/2024 In control: Audit and Finance Committee
On agenda: Final action: 12/2/2024
Title: AUTHORIZING THE ALLOCATION OF AMERICAN RESCUE PLAN ACT STATE AND LOCAL FISCAL RECOVERY FUNDS FOR THE TRANCHE 1 REVENUE REPLACEMENT PROJECT AND AMENDING THE 2024 ALBANY COUNTY BUDGET
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, 5. 24-788 AF 19 - ARPA Employee Payroll Tranche 1

RESOLUTION NO. 788

 

AUTHORIZING THE ALLOCATION OF AMERICAN RESCUE PLAN ACT STATE AND LOCAL FISCAL RECOVERY FUNDS FOR THE TRANCHE 1 REVENUE REPLACEMENT PROJECT AND AMENDING THE 2024 ALBANY COUNTY BUDGET

 

                     Introduced:  12/2/24

                     By Audit and Finance Committee:

 

WHEREAS, The County of Albany received $29,515,880 in funds from the American Rescue Plan Act (ARPA) which may be used under the State and Local Fiscal Recovery Funds program for revenue replacement related to expenses for Albany County employees, and

 

WHEREAS, The Commissioner of the Department of Management and Budget has requested authorization to obligate said funds as indicated on the spreadsheet annexed hereto and to amend the 2024 Albany County Budget, now, therefore, be it

 

RESOLVED, By the Albany County Legislature, that the $29,515,880 in funds from the American Rescue Plan Act (ARPA) are hereby obligated as indicated on the spreadsheet annexed hereto, and, be it further

 

RESOLVED, That the 2024 Albany County Budget is hereby amended as indicated on the spreadsheet annexed hereto, and, be it further

 

                     RESOLVED, That the Clerk of the County Legislature is directed to forward certified copies of this resolution to the appropriate County Officials.