(A) There is hereby established a Fund to be known, as the American Rescue Plan 2021 Grant Fund, and the Auditor shall issue a Fund Number of 8590 (the “Fund”) with respect to these funds and such funds shall be non-reverting.
(B) The source of funding includes monies allocated to Boone County from the American Rescue Plan Act of 2021 and distributed to the county in 2021 and 2022.
(C) The county shall only appropriate and use the funds to cover costs incurred by the county by December 31, 2024 for the following:
(1) To respond to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19) or its negative economic impacts, including assistance to household, small business, and nonprofits, or aid to impacted industries such as tourism, travel and hospitality;
(2) To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible workers of the county that are performing such essential work or by providing grants to eligible employers that eligible workers who perform essential work;
(3) For the provision of government services to the extent of the reduction in revenue of the county due to COVID-19 public health emergency relative to revenues collected in the most recent full fiscal year of the county prior to the emergency that being 2019; or
(4) To make necessary investments in water, sewer or broadband infrastructure as approved by the U.S. Treasury.
(D) The Boone County Commissioners shall adopt a plan which provides details for the use of funds.
(E) This section may be amended from time to time if additional guidance is received from any federal or state agency.
(F) All expenditure of funds shall be approved by the Board of Commissioners with any and all claims to be paid from the county’s fund.
(G) The Fund shall exist and any unused funds shall be returned to the U.S. Treasury and said funds may not be transferred to another fund in the county.
(H) The Auditor shall keep accurate and complete financial records of the receipt and expenditure of any and all funds deposited and paid from the Fund and Auditor records must be kept for an independent audit of the fund.
(I) No money received into the fund shall be used for any type of deposit into any pension fund.
(Ord. 2021-05, passed 6-7-2021; Am. Ord. 2021-07, passed 11-1-2021)