Title
Approve the Village of Orland Park, Illinois, Interim Report for the State and Local Fiscal Recovery Funds, part of the American Rescue Plan Act
History
The American Rescue Plan Act enacted several programs in order to provide a substantial infusion of resources to help turn the tide on the pandemic. The Coronavirus State Fiscal Recovery Funds (CSFRF) and Coronavirus Local Fiscal Recovery Funds (CLFRF) are intended to provide substantial flexibility for each government to meet local needs.
The Village of Orland Park is considered a Metropolitan City, and has been allocated $5,004,738. The Fiscal Recovery Funds may be spent in the following areas:
-Support public health expenditures, by, for example, funding COVID-19 mitigation efforts, medical expenses, behavioral healthcare, and certain public health and safety staff;
-Address negative economic impacts caused by the public health emergency, including economic harms to workers, households, small businesses, impacted industries, and the public sector;
-Replace lost public sector revenue, using this funding to provide government services to the extent of the reduction in revenue experienced due to the pandemic;
-Provide premium pay for essential workers, offering additional support to those who have and will bear the greatest health risks because of their service in critical infrastructure sectors; and
-Invest in water, sewer, and broadband infrastructure, making necessary investments to improve access to clean drinking water, support vital wastewater and stormwater infrastructure, and to expand access to broadband internet.
Within these overall categories, recipients have broad flexibility to decide how best to use this funding to meet the needs of their communities.
Village revenues were impacted by the pandemic in 2020. Pursuant to guidance, covered own-source revenue (Village-wide) was expected to increase by 4.1% (this was a standard established in the legislative guidance).
ARPA funds can be...
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