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File #: 21-0939    Version: 1 Name: One-Time Monies
Type: CC- Study Session Status: Agenda Ready
File created: 10/5/2021 In control: City Council
On agenda: 10/26/2021 Final action:
Title: ONE-TIME MONIES The City has $7 million remaining of PG&E settlement funds that remain unobligated. In addition, the City must develop a spending plan for $34,367,436 of the American Rescue Plan Act (ARPA) funding, which will be allocated to the City in two equal tranches of $17,183,718. The first tranche was received in May 2021, and the second tranche is expected in May 2022. At a Study Session on July 13, 2021, the City Council provided staff with a list of projects that may be funded through either ARPA funds, or PG&E settlement funds. In addition, City staff identified projects which may also be considered for funding. In total, approximately $171.5 million of projects were identified. A working group of eight City employees met to review the projects, and determine their respective rankings based on sustainability, economic, and equity considerations/factors.
Sponsors: Finance
Indexes: Not a Project
Code sections: 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1 - Map (Uploaded 10-26-2021), 3. Presentation (Upload 10-26-2021), 4. Late Correspondence (Uploaded 10-26-2021), 5. Late Correspondence (Uploaded 10-29-2021)
Related files: 21-0616, 23-0518, 21-1056, 22-0069, 22-0055, 22-0452, 22-0312, 22-0279
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