The work session for LD 1507, An Act To Establish a Local Fiscal Recovery Funds Program and Allocation this morning resulted in an OTP-AM report.
Questions asked by the committee yesterday yielded some answers:
- There is no existing guidance for the Unorganized Territories
- Municipal budgets used to determine funding levels are the most recently passed as of January 27, 2020
- Allocations are capped at 75% of that budget
- Additional information is available in a memo from the Commissioner
LD 1507 will be before the House on Wednesday, April 28. Guidance from the US Treasury is forthcoming, it is not expected until the middle of May.
LD 1507 is necessary to allow the state to distribute federal funds from the American Recovery Plan Act (ARP) to municipalities. Amounts by town can be found in the Commissioner’s testimony.
Maine “Metro” locales are slated to receive the following directly:
|City||Amount (in millions)|
Counties can expect to receive the following directly:
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AFA also approved LD 1506, Resolve, To Continue until July 1, 2021 Limited-period Positions Expiring in June 2021 which does exactly what the title says.
The meeting continued in the afternoon with public hearings on the following bonds:
- LD 50, An Act To Authorize a General Fund Bond Issue To Invest in Housing for Persons Who Are Homeless
- LD 175, An Act To Authorize a General Fund Bond Issue To Create and Enhance Regional Homeless Shelters
- LD 218, An Act To Authorize a General Fund Bond Issue To Accelerate Weatherization Efforts in the State
- LD 517, An Act To Authorize a General Fund Bond Issue To Promote the Construction of Energy-efficient Affordable Homes and the Adaptive Reuse, Repair and Weatherization of Existing Homes for Low-income Seniors
- LD 1084, An Act To Authorize a General Fund Bond Issue To Create Energy-efficient and Affordable Homes for Maine People
- LD 1094, An Act To Authorize a General Fund Bond Issue To Reduce Homeowner and Municipal Energy Bills through Increased Efficiency and Weatherization Projects
Thursday AFA wraps up public hearings on referred bond bills. The full schedule can be found here.
Votes and discussions from that meeting and future meetings will be found here along with history on past budgets.