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5.5 LIBSR 07-27-20215.5 From: Councilman Christianson To: Elk River Public Library Board Date: July 27, 2021 Re: City Council Report to the Library Board *************************************************************************************************** Meetings for the 2022 Budget: July 26 — Special Budget Review Work Session August 9 — Special Budget Review Work Session September 7 — Budget/Preliminary Levy Review September 20 — Preliminary Levy Approval November 1— Budget/Levy Review November 15 — Budget/Levy Review (if needed) December 6 — Budget/Levy Approval American Rescue Plan Act (ARPA) funds utilization -The city is receiving a total of $2.6 million in federal dollars (half paid in 2021, half paid in 2022. All funds need to be dispersed by 2024) -Funds cannot be used to offset a tax reduction or delay a tax increase. -City Council/County Commission joint meeting on July 21st will include discussion on funding uses.