Proposal

Information

Lewis County is estimated to Receive $15.6 million over the next two years in direct relief funds from the US Treasury 

Type: Deliberation

Department: AUD - Auditor

Directors' Update: March 24, 2021

Business Meeting: March 30, 2021

Summary:

Establish a Special Revenue Fund to account for for the restricted or committed funding related to the American Rescue Act of 2021

Publications: N/A

Cover Letter To: Rieva Lester, Clerk of the Board

Additional Copies To: Larry Grove, Auditor Suzette Smith, Chief Accountant Becky Butler, Budget Manager Arny Davis, Treasurer Rodney Reynolds, Chief Deputy

Resolution

Wording/In the matter of:

ESTABLISHMENT OF THE SPECIAL REVENUE FUND: AMERICAN RESCUE PLAN FUND NO. 1420

Resolution Number: 21-119

WHEREAS, Resolution 20-100 activated the Lewis County Comprehensive Emergency Management Plan (CEMP) and the utilization of emergency powers granted pursuant to RCW 36.40.180 and RCW 38.52.070(2); and

WHEREAS, Lewis County may receive federal and state monies restricted for specific purposes related to the emergency protective measures for the management and control, and to lessen the impact and/or threat to public health and safety; and

WHEREAS, the American Rescue Plan Act was signed into law by President Joe Biden on March 11, 2021. The bill includes $65.1 billion in direct, flexible aid to every county in America, as well as other crucial investments in local communities, including $1.5 billion over two years for public lands counties; and

WHEREAS, Lewis County will receive direct assistance to cover increased expenditures, replenish lost revenue and mitigate economic harm from the COVID-19 pandemic as well as make necessary investments in water, sewer or broadband; and

WHEREAS, it appears to be in the best interest of the county to establish a Special Revenue Fund within the county to account for financial activities related to the COVID-19 response and specifically funds received directly or indirectly through the American Rescue Plan Act of 2021.

NOW THEREFORE BE IT RESOLVED that there is hereby established a Special Revenue Fund to be known as the American Rescue Plan Fund No. 1420 to account for the resources that are restricted or committed for expenditures associated with the COVID-19 Response as outlined in the American Rescue Plan Act of 2021.

DONE IN OPEN SESSION this 30th day of March, 2021.