HomeMy WebLinkAboutMO #2557MUNICIPAL ORDER NO. 2557
A MUNICIPAL ORDER AUTHORIZING THE CITY OF PADUCAH TO USE THE STANDARD
ALLOWANCE FOR THE LOCAL FISCAL RECOVERY FUND AS AUTHORIZED BY THE
AMERICAN RESCUE PLAN ACT.
WHEREAS, the United States Congress passed the American Rescue Plan Act (ARPA) on
March 10, 2021, and President Joe Biden signed into law on March 11, 2021; and
WHEREAS, the American Rescue Plan Act created the Local Fiscal Recovery Fund to provide
funding to all cities and counties throughout the nation; and
WHEREAS, the City of Paducah received a total allocation of $6,439,015.64 through the
Local Fiscal Recovery Fund, with the first half coming in 2021 and the second half coming in 2022; and
WHEREAS, the United States Department of the Treasury published in the Federal Register
the Final Rule governing the Coronavirus State and Local Fiscal Recovery Funds on January 27, 2022;
WHEREAS, the Final Rule allows local governments to elect a standard allowance of up to
$10 million, not to exceed the total award allocation, in lieu of calculating revenue loss as prescribed by
Treasury; and
WHEREAS, the Final Rule allows local governments to use their portion identified as revenue
loss to provide any government services;
NOW, THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the Paducah Board of Commissioners elects to use the standard allowance
for identifying revenue loss within the Local Fiscal Recovery Fund as authorized by the American Rescue
Plan Act.
SECTION 2. That the Paducah Board of Commissioners authorizes the Mayor to sign all
paperwork associated with the City of Paducah regarding the standard allowance for identifying revenue
loss within the Local Fiscal Recovery Fund as authorized by the American Rescue Plan Act.
SECTION 3. This order shall be in full force and effect and after the date of its adoption.
George Bray, Mayor
ATTEST:
Lindsay ParislfJCity Clerk
Adopted by the Board of Commissioners, March 22, 2022
Recorded by Lindsay Parish, City Clerk, March 22, 2022
\no ARPA Standard Allowance Revenue Loss