File #: 24-343   
Type: Resolution Status: Passed
File created: 7/8/2024 In control: County Board
On agenda: 9/10/2024 Final action: 9/10/2024
Title: AUTHORIZING THE USE AND TRANSFER OF STATE AND LOCAL FISCAL RECOVERY FUNDS FROM LOST REVENUE RECOUPMENT FUND 356 TO FUND 001 TO FUND 405 TO FUND THE KANE COUNTY UNSTUDIED FLOODPLAIN MAPPING INITIATIVE FOR THE KANE COUNTY DEPARTMENT OF ENVIRONMENTAL & WATER RESOURCES
Attachments: 1. , 2. Exec. Sum., 3.

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Authorizing the Use and Transfer of State and Local Fiscal Recovery Funds from Lost Revenue Recoupment Fund 356 to Fund 001 to Fund 405 to Fund the Kane County Unstudied Floodplain Mapping Initiative for the Kane County Department of Environmental & Water Resources

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WHEREAS, the Congress of the United States has enacted the American Rescue Plan Act of 2021 (“ARPA”) to provide economic relief to State, Local, and Tribal governments responding to economic and public health impacts of the COVID-19 pandemic; and

 

WHEREAS, the County of Kane has received a total of $103,413,041 (One Hundred Three Million, Four Hundred Thirteen Thousand, Forty-One Dollars) from the United States Department of the Treasury, in State and Local Fiscal Recovery Funds (“SLFRF”) pursuant to ARPA; and

 

WHEREAS, pursuant to ARPA and the administrative regulations adopted by the United States Department of the Treasury (“Final Rule”), the County of Kane shall use SLFRF to defray costs associated with its response to the COVID-19 pandemic within the County, to address the economic fallout from the pandemic, and lay the foundation for a strong and equitable recovery; and

 

WHEREAS, by Resolution 21-313, the Kane County Board has established the American Rescue Plan Committee (“ARPC”) as a resource for research, education, planning, and recommendations for the best allocation and uses of the County’s SLFRF; and

 

WHEREAS, by Resolution 21-156, the Kane County Board approved the recommended Spending Plan as proposed by the ARPC, which designates $42,000,000 (Forty-Two Million Dollars) to be used for Kane County Department and Elected Office project requests; and

 

WHEREAS, the Kane County Department of Environmental & Water Resources has made a request in the amount of $250,000 of SLFRF to fund Kane County Unstudied Floodplain Mapping Initiative for the purpose of Providing Government Services and Investing in Stormwater Infrastructure; and

 

WHEREAS, floodplain mapping of flood-prone areas along streams in Kane County is essential for both public safety and reducing the potential for flood damages for landowners.  Kane County has an estimated 14,000+ acres of unmapped floodplain on 100 miles of streams and mapping these unstudied floodplains are critical to protecting existing homes and buildings as well as protecting new developments from flood prone areas; and

 

WHEREAS, to assist the County in determining whether the project is an eligible use of SLFRF under ARPA, the Final Rule, and the related guidance issued by the United States Department of the Treasury, the ARPC consultant, Ernst and Young, has reviewed the Kane County Department of Environmental & Water Resource’s request for SLFRF for Kane County Unstudied Floodplain Mapping Initiative for the purpose of Providing Government Services and Investing in Stormwater Infrastructure and completed an assessment regarding the project’s eligibility (see Exhibit A); and

 

WHEREAS, the ARPC recommends that the Kane County Board authorizes the use of SLFRF Revenue Loss Recoupment Funds in the amount of $250,000 to fund the Kane County Unstudied Floodplain Mapping Initiative for the Kane County Department of Environmental & Water Resources, to be spent during the ARPA period of performance and in accordance with the ARPA, the Final Rule and related guidance issued by the United States Department of the Treasury, and any other Federal, State or local laws and regulations.

 

NOW, THEREFORE, BE IT RESOLVED the Kane County Board hereby authorizes the Kane County Department of Environmental & Water Resources use of State and Local Fiscal Recovery Funds Revenue Loss Recoupment Funds in the amount of $250,000 to be used for the Kane County Unstudied Floodplain Mapping Initiative, in accordance with the American Rescue Plan Act of 2021, the Final Rule, and related guidance issued by the United States Department of the Treasury, and any other Federal, State or local laws and regulations.

 

NOW, THEREFORE, BE IT FURTHER RESOLVED, by the Kane County Board that the following adjustment be made to the Fiscal Year 2024 budget:

 

356.800.672.99001                     Transfer to Fund 001                                          $250,000

356.800.000.39900                     Fund Balance Utilization                     $250,000

001.000.000.39356                     Transfer from Fund 356                     $250,000                     

001.800.808.99405                     Transfer to Fund 405                                          $250,000

405.690.000.39001                     Transfer from Fund 001                     $250,000

405.690.746.50150                     Contractual Services                                          $80,000

405.690.746.89000                     Addition to Fund Balance                     $170,000

 

Fiscal Year 2025:

 

405.690.746.50150                     Contractual Services                                          $80,000

405.690.000.39900                     Fund Balance Utilization                     $80,000

 

Fiscal Year 2026:

 

405.690.746.50150                     Contractual Services                                          $90,000

405.690.000.39900                     Fund Balance Utilization                     $90,000

 

                     

 

Passed by the Kane County Board on September 10, 2024.

 

 

 ____________________________               ____________________________

John A. Cunningham, MBA, JD, JD               Corinne M. Pierog MA, MBA

Clerk, County Board                                       Chairman, County Board

Kane County, Illinois                                       Kane County, Illinois

 

Vote: