Nikki Fortunado Bas, Oakland City Council President

Oakland Council President Bas Offers Resolution To Start The American Rescue Plan Act Fund

The American Rescue Plan has passed Congress, and to make sure its Oakland Portion is spent in a way that benefits the Oakland Community, Oakland City Council President Nikki Fortunato Bas (the focus of my 11th Lirpa Sloof post) introduced a recommendation to adopt resolution for the Oakland City Council create “The American Rescue Plan Act (“ARPA”) Fund (Fund 2072) From Which No Expenditures Shall Be Made Except For The Purpose And In The Manner Specified By The City Council Following A Public Process And Public Vote Pursuant To Charter Section 806.”

While the resolution text was small, at this writing, it also included the following:

– Authorizing The City Administrator To Take Any And All Actions Necessary To Receive ARPA Funds Awarded To The City;

– Accepting And Appropriating The Anticipated Award Of ARPA Funds To The City Of Oakland (“City”) In An Estimated Amount Of One Hundred Ninety-Two Million Eighty-Four Thousand One Hundred Five Dollars ($192,084,105) To The ARPA Fund (Fund 2072);

– Amending Resolution No. 88174, Which Adopted The Fiscal Year (“FY”) 2020-21 Midcycle Budget Adjustments, To Allocate ARPA Funds In An Amount Not To Exceed Fifty-Four Million Three Hundred Thirty Thousand Dollars ($54,330,000) And The Ten Million Dollars ($10,000,000) Received From The Oakland-Alameda County Coliseum Joint Powers Authority To:

– Balance The FY 2020-21 Budget By (i) Closing The Deficit In The General Purpose Fund (“GPF”) (Fund 1010); (ii) Closing The Deficit And Replenishing Required Reserve Amounts In The Office Of Parks And Recreation Cultural Advisory (“OPRCA”) Self-Sustaining Revolving Fund (1820), The Measure Z Violence Prevention And Safety Act Of 2014 Fund (2252), And The Measure C Transient Occupancy Tax (“TOT”) Surcharge Fund (2419); And (iii) Replenishing The City’s Emergency Reserve Fund;

– Align The General Purpose Fund (Fund 1010), The Office Of Parks And Recreation Cultural Advisory (“OPRCA”) Self-Sustaining Revolving Fund (1820), The Measure Z Violence Prevention And Safety Act Of 2014 Fund (2252), And The Measure C Transient Occupancy Tax (“TOT”) Surcharge Fund (2419) With Revenue And Expenditures Forecasted For Said Funds In The Second Quarter (“Q2”) Revenue…

At this point, it’s on the agenda for the April 12th, 2021 Oakland City Council Meeting.

Stay tuned.

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