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Page 3 of 3 <br />spending plan outlines the use of the dollars in the categories under the original ARPA funding and it is 37 <br />the intent to utilize these funds strategically for one-time costs. 38 <br /> 39 <br />POLICY OBJECTIVE 40 <br />To discuss potential uses allowable under the American Resuce Plan Act and to approve the use of the 41 <br />flat standard allowance for revenue loss. 42 <br />FINANCIAL IMPACTS 43 <br />STAFF RECOMMENDATION 44 <br />Staff recommends the Council approve the attached resolution authorizing use of the flat standard revenue 45 <br />loss option. Staff further recommends approval of the spending plan with the understanding this plan 46 <br />will be adjusted as necessary. The spending plan does not fully allocate the ARPA dollars to allow for 47 <br />future flexibility. 48 <br />REQUESTED COUNCIL ACTION 49 <br />The Council is asked to approve the attached resolution to utilize the flat standard allowance for revenue 50 <br />loss, which includes the spending plan as outlined within this report. 51 <br /> 52 <br />Prepared by: Michelle Pietrick, Finance Director <br />Attachments: A: Resolution electing the Standard Allowance under the Revenue Loss Provision of ARPA <br /> B: Presentation <br /> <br /> <br /> 53