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FIN 2021-03-22 Item 1B - Discussion - Service Level Prioritization
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2021-03-22 Finance and Governance
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FIN 2021-03-22 Item 1B - Discussion - Service Level Prioritization
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3/18/2021 12:35:05 PM
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Council Committees
Committees Date (mm/dd/yy)
03/22/21
Committee Name
Finance and Governance 2021-Present
Record Type
Agenda Packet
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INFORMATIONAL MEMO <br />Page 4 <br />• $365 million for emergency eviction, rental and utility assistance <br />• $240 million for business assistance grants <br />• $50 million for childcare <br />• $26 million for food banks and other food programs <br />• $91 million for income assistance, including $65 million for relief for the state's <br />immigrant population <br />The American Rescue Plan includes a variety of opportunities that can assist the Tukwila <br />community, including: <br />• Direct stimulus payments to qualifying households of $1,400 per person to single <br />households making $75,000 or less and couples earning $150,000 or less. <br />Individuals with dependents will also receive a $1,400 tax credit per dependent on <br />their 2020 tax returns. <br />• Enhanced unemployment payments of $300 per week. <br />• Temporary child tax credit and monthly payments to qualifying households. <br />• $7.25 billion in additional Paycheck Protection Program (PPP) loans for small <br />businesses. <br />• $128 billion in support for educational institutions. <br />• Additional support for the most vulnerable, including more funds for Low Income <br />Home Energy Assistance Program (LIEHEAP) for utility assistance, temporary <br />increase to WIC funds and more. <br />• $25 billion for emergency rental assistance. <br />• $65.1 billion for cities. <br />This memo and discussion are intended to begin the conversation so that committee <br />members have a shared understanding of the service level decisions made in the 2021- <br />2022 budget process and begin to plan for future decision making as revenues return. <br />RECOMMENDATION <br />Discussion only. <br />8 <br />
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