FIN 2021-04-26 Item 1C - Discussion - Prioritizing Service Level Increases

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INFORMATIONAL MEMO Page 5 • $365 million for emergency eviction, rental, and utility assistance • $240 million for business assistance grants • $50 million for childcare • $26 million for food banks and other food programs • $91 million for income assistance, including $65 million for relief for the state's immigrant population The American Rescue Plan includes a variety of opportunities that can assist the Tukwila community, including: • Direct stimulus payments to qualifying households of $1,400 per person to single households making $75,000 or less and couples earning $150,000 or less. Individuals with dependents will also receive a $1,400 tax credit per dependent on their 2020 tax returns. • Enhanced unemployment payments of $300 per week. • Temporary child tax credit and monthly payments to qualifying households. • $7.25 billion in additional Paycheck Protection Program (PPP) loans for small businesses. • $128 billion in support for educational institutions. • Additional support for the most vulnerable, including more funds for Low Income Home Energy Assistance Program (LIEHEAP) for utility assistance, temporary increase to WIC funds and more. • $25 billion for emergency rental assistance. • $65.1 billion for cities. This memo and discussion are intended to begin the conversation so that committee members have a shared understanding of the service level decisions made in the 2021- 2022 budget process and begin to plan for future decision making as revenues return. At the March 22, 2021 Committee meeting, departments were asked to summarize service level reductions, impacts of these reductions, and cost to restore the services. The chart below summarizes budget reductions by department and have been adjusted to remove budget for large, one-time capital projects. Total departmental budget reductions is in excess of $3.9 million. With the restoration of SST funding, certain high priority services could be funded almost immediately. If the missed FY 2021 SST mitigation payment makes it into the supplemental budget, the City could bring back $1.2M in services immediately. (This is because the missed FY 21 SST payment would be a one-time payment of $880k, then the City will receive two quarterly payments of $220,000 each in the remainder of 2021.) Details by department are included as an appendix to this memo. 51