Town of Yorktown American Rescue Plan (ARP)
The American Rescue Plan Act (ARPA) was signed into law on March 11, 2021 and provides aid to State, County and Local governments effected by the COVID-19 pandemic. The Town of Yorktown will receive a total of approximately $3.7 million in aid in two equal tranches (portions). This funding will assist the Town in completing various capital projects such as infrastructure, public safety, and enhancements to Town services.
Summary of Process
Town Allocation
The Town of Yorktown completed a certification process to be eligible to receive ARPA funding. A formula computed by the US Treasury determined the amount of funding to be received. The Town’s eligibility is approximately $3.7 million.
Funding Timeline
Funding will be distributed by The US Treasury in two equal tranches. The Town of Yorktown received $1.8 million in July 2021. The second deposit is expected in July / August of 2022.
Spending Timeline
The Town must obligate funds received no later than December 31, 2024. All ARPA funds received must be totally disbursed by December 31, 2026.
Eligible Uses
The US Treasury adopted the final rule of the Coronavirus State and Local Fiscal Recovery Funds program as of January 2022. The final rule takes effect on April 1, 2022. The Town must comply with all requirements included in the Final Rule when allocating resources to projects being considered.
Application for funding | |
New York Division of Budget | June 18, 2021 |
Notification of additional funding | August 23, 2021 |
Receipt of tranche 1 | |
$1,852,380.29 | received July 22, 2021 |
$ 7,562.84 | received August 31, 2021 |
Receipt of tranche 2 | anticipated July / August 2022 |
Research
Interim Final Rule (November 2021)
Final Rule (January 2022)
Task Force Initiation
- Selection of members
- Meetings to review possible projects
- Infrastructure
- Buildings
- Utilities
- Enhancements of Town Services
- Equipment
- Upgrading Performance Systems
- Community Programming
- Public safety
- Police
- Roads
- Selection of viable projects for public presentation
Community Outreach
TB Final Determination of Projects
Accounting and Tracking
- Adherence to procurement policy
- Accounting by project
Reporting
- Annual reporting to US Treasury
The Town of Yorktown
American Rescue Plan (ARP)
Local Decision-Making Process
ARP Related Decisions
Strategic Planning Process
ARP Strategic Planning
The effects of the continuation of the COVID-19 outbreak have had certain degrees of impact on the Town’s finances. The many uncertainties relating to the pandemic’s duration and severity make it difficult to forecast what actions local government could / should take to lessen these impacts. We know it is imperative for the Town to:
- Continually monitor how revenues have been and will continue to be affected by the pandemic induced economy
- Use proactive measures as required to maintain operations and meet obligations
- Plan for the best long-term use of its ARP allotment
ARP Task Force
The Town of Yorktown will convene a Task Force comprised of Town Board members, managerial personnel and Town tax payer representation.
The mission of this Task Force is to identify projects that will make the best use of the ARP aid allotment the Town receives while preserving the financial strength, support the Town on ARP related matters and comply with US Treasury guidelines and requirements. The Task Force acts by consensus and recommendations are non-binding.
The Task Force shall:
- Prioritize and outline issues requiring improvement
- Conduct analyses
- Provide Recommendations
- Present support as necessary
The Task Force is composed of the following members:
Matthew Slater, Town Supervisor
Patricia Caporale, Comptroller
Thomas Diana, Town Board Member
David Paganelli, Highway Superintendent
Richard Fon, Taxpayer Representative
ARP Local Decision Process
The Task Force will examine all potential projects garnered from the Capital Budget and departmental submissions. They will then prepare a detailed review of projects selected which would be the most beneficial to the Town. These projects will then be presented to the public and Town Board for consideration.
This process will observe the following progression:
- Town wide survey
- Task Force confers
- Project Review / analysis
- Project definition – cost/schedule/impact (start of compliance)
- Task Force Recommendation (non-binding)
- Town Board Decision (Supervisor / Town Board)
- Town Board Resolution
- Funding
- Reporting
Compliance & Reporting
The US Treasury Final Rule details the reporting and compliance responsibilities and provides information on eligible and restricted uses of funds. The Town must submit an initial interim report then quarterly project and expenditure reports beginning in April 2022.