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HomeMy WebLinkAbout4564 Ordinance - New ARPA Fund Budget Creation and Budget Adjustment ORDINANCE NO. 4564 AN ORDINANCE AMENDING THE 2021-2022 BIENNIAL BUDGET (ORDINANCE NO. 4503) OF THE CITY OF PASCO, WASHINGTON, BY PROVIDING SUPPLEMENT THERETO; TO PROVIDE ADDITIONAL APPROPRIATION IN THE GENERAL FUND AND AMERICAN RESCUE PLAN ACT FUND. WHEREAS,on December 7,2020,the Pasco City Council approved Ordinance No.4503, adopting the 2021-2022 Biennial Budget; and WHEREAS, on March 11, 2021, the President of the United States signed into law the American Rescue Plan Act(ARPA), which included $350 billion in federal fiscal recovery aid to state, local, territorial, and Tribal governments; and WHEREAS, the United States Senate had passed the American Rescue Plan Act of 2021 (ARPA, HR 1319) on March 6, 2021. On March 10, 2021, the House passed the Senate amendments to the bill, and the City has received, as of June 8, 2021, $8,732,156 of$17,464,312 allocated to the City; and WHEREAS,in light of the City's response to the COVID-19 pandemic, and the evolving demands concerning management and funding of such efforts, not all costs associated with this mitigation effort were captured in the Biennial Budget; and ' WHEREAS,the mid-biennial operating budget adjustments were made separate from the effects of the American Rescue Plan Act(ARPA) and prior to the creation of a uniquely purposed ARPA Fund, not all costs associated with this mitigation effort were captured in the Biennial Budget; and WHEREAS, the City Council of the City of Pasco finds and determines that such amendment of the 2021-2022 Biennial Budget is in the best interests of residents of the City of Pasco and will promote the general health, safety and welfare. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. Pursuant to RCW 35A.34.200(1)(d), the 2021-2022 Biennial Budget be and the same is hereby amended to provide for the following adjustments to revenues, transfers in, expenditures, and transfers out by providing authority for any necessary transfer of money within or between funds indicated, and their subsequent impact to the end fund balance: Ordinance—2021-2022 Operating Budget Amendment- 1 Fund EXPENDITURE REVENUE GENERAL FUND 8,732,200 8,732,200 ARPA FUND 17,464,000 17,464,000 Total 26,196,200 26,196,200 Section 2. That the additions in appropriations and expenditures are hereby declared to exist in the above funds for the said uses and purposes as shown above and the proper City officials are hereby authorized and directed to issue warrants and transfer funds in accordance with the provision of the Ordinance. Section 3. Except as amended herein, Ordinance No. 4503 as previously adopted heretofore shall remain unchanged. Section 4. This Ordinance,being an exercise of a power specifically delegated to the City legislative body,is not subject to referendum, and shall take full force and effect five(5)days after approval,passage and publication as required by law. Adopted by the City Council of the City of Pasco, Washington this 6�' day of December, 2021. Saul Martinez Mayor ATTEST: APPROVED AS TO FORM: � �� G` ' Debra Barham, CMC Kerr Ferg aw, PLLC City Clerk City rney Published: ,�e��r,n� , �� �� Ordinance—2021-2022 Operating Budget Amendment-2