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NEU Webinar on Final Rule - Shared screen with speaker view
Hagerty Consulting
04:59
Link to NEU website: https://opendata.maryland.gov/stories/s/ARP-NEU-Landing-Page/iig8-s6az/
Hagerty Consulting
05:34
For those who joined, we will be posting the recording of this webinar after we end and will also send out the slides.
Hagerty Consulting
07:29
For those who joined, we will be posting the recording of this webinar after we end and will also send out the slides.
Hagerty Consulting
09:23
For those who joined, we will be posting the recording of this webinar after we end and will also send out the slides.
Hagerty Consulting
10:22
Link to question portal: https://docs.google.com/forms/d/e/1FAIpQLSeDZvPVwx5UXX6odapKvkJCgypgStSuoTuApaqBIbrLQdbf5Q/viewform
Ted Sookiasian
10:59
Info available about upcoming report due in April?
Hagerty Consulting
12:14
We will be hosting an webinar on reporting on 2/24
Demetri
12:18
so if we use the standard deduction we don't have to prove anything else and can use the money for any government services
Hagerty Consulting
13:53
we will address additional questions towards the end of this session
Hagerty Consulting
14:35
For those who just joined, we will be posting a recording of this session on the NEU website
Dan Spealman
14:49
Do we actually have to have HAD a revenue loss to qualify? Even if we don’t have to calculate it? There may be some NEUs that haven’t actually had a loss, but those would still qualify to accept the standard revenue loss amount? Or not?
Amanda Miller
16:34
Can we claim 1/2 of our allocation under revenue loss and use the rest for other categories?
Phil Young
17:51
Were there any NEUs with an allocation of less than $10 million that said (in their survey responses) that they will calculate revenue loss and not select standard allowance? If so, why would that be beneficial to them?
Michelle Henson
20:30
Can funds be utilized to purchase equipment (ambulance / fire truck, etc.) for our local volunteer fire department? Note: our municipality does not provide fire fighting or ambulance services to our citizens - the fire department is not affiliated with Town government.
Laura Allen
21:18
Berwyn Heights is receiving $2.6 M. We will re-calculate revenue loss using GFOA’s revised revenue loss calculator so we have a record for any future audit.
jhunt
22:37
If you select the "Standard Loss" would you be able to use the funds for capital projects? For example Stormwater Improvements?
Hagerty Consulting
22:59
For those who just joined, we will be posting a recording of the webinar after we end and will answer questions towards the end of the session
Robin Bailey-Walls
23:29
Much appreciated!
jhunt
23:40
Correction my previous post should be " Standard Allocation"
Hagerty Consulting
27:22
For those who just joined, we will be posting a recording of the webinar after we end and will answer questions towards the end of the session
LaVerne Peakes
30:54
Are there any restrictions on capital expenditures under revenue loss (standard allowance)?
Phil Young
32:50
Since money is fungible, am I correct that NEUs can still continue to build reserves with their own revenues, as long as any ARPA funds can still be shown to cover eligible government services?
Rachel Deaner
33:01
I have the same question as LaVerne Peakes.
Rachel Deaner
33:05
Are there any restrictions on capital expenditures under revenue loss (standard allowance)?
Amanda Miller
33:25
Under the purchase of police vehicles, do they need to be purchased outright? Or can they be leased as long as the lease ends prior to 12/31/2026
Laura Allen
33:28
Can we set up our ID ME account or do we need an access code from the state to do that?
Melinda Stafford
33:48
I have the same questions as Dan Spealman. we haven't had any revenue loss.
LaVerne Peakes
34:27
You can set it up Laura Allen but they want your personal information (SS, DL etc)
Demetri
35:22
but e can use our funds for police and administrative staff, correct?
Demetri
35:29
we
Lydia Claar
37:09
If we received less than 10million, can we use the full allocation as standard revenue loss? If so, would it make sense to even use the other categories for projects like water, sewer, etc if they are provided for by our NEU.?
Ron Bolt
38:10
How has the storm water infrastructure eligibility been expanded?
LaVerne Peakes
38:28
So if a city wanted to use all the funding under revenue loss and completed other programming under general revenue is that ok?
Danny Schaible
38:29
Will the slides be made available?
jminner
39:47
Can funds be utilized to purchase equipment (ambulance / fire truck, etc.) for our local volunteer fire department? Note: our municipality does not provide fire fighting or ambulance services to our citizens - the fire department is not affiliated with Town government.
Mark Swift
39:58
I have the same question as Michelle Henson. Can funds be utilized to purchase equipment (ambulance / fire truck, etc.) for our local volunteer fire department? Note: our municipality does not provide fire fighting or ambulance services to our citizens - the fire department is not affiliated with Town government.
Lydia Claar
40:02
Thank You Ben.
Demetri
40:51
so can we use the funds for police and admin staff?
LaVerne Peakes
40:59
Yes
Michele Saylor
41:23
We used the revenue loss calculation to determine our use of the first tranche of funds, but can we use the standard allowance for our second tranche?
jhunt
41:50
Stormwater Management Project would be considered "General Government Services"?
Tom Reynolds - MML
41:51
Treasury will be releasing an updated list of FAQs sometime in the next couple/few weeks. I'm certain that will include more clarity on the definition of government services.
LaVerne Peakes
42:01
It seems too easy....the standard allowance /revenue loss.. Thanks
Michelle Henson
43:31
Is there a limit to sub-recipient funding?
LaVerne Peakes
44:15
Could the city just buy the fire truck and donate it to the volunteer fire department?
Elaine Jones
46:15
Are NEU's still prohibited from reducing the real estate tax rate to ease the burden on citizens?
Julie
47:58
The standard allowance is 10M regardless of the size of the municipality?
Hagerty Consulting
48:08
Link to question portal: https://docs.google.com/forms/d/e/1FAIpQLSeDZvPVwx5UXX6odapKvkJCgypgStSuoTuApaqBIbrLQdbf5Q/viewform
Michele Saylor
50:52
OK, thank you!
jminner
51:48
Still unclear on the Fire Department question. Our municipality does not provide fire fighting services to our citizens - the fire department is not affiliated with Town government. If the Town donates funds to purchase a new fire truck, can that be challenged?
Bertha Gaymon
51:49
Will this webinar available along with slides
Bertha Gaymon
52:07
Be available along with slides
Hagerty Consulting
52:23
Recording and slides will be made available
Beverly Habada
53:27
If a Town decides to provides citizens with direct payments what is recommended for confirming income eligibility?
Tom Reynolds - MML
53:40
Thanks to Hagerty and DBM for putting this together and their ongoing support. And if you haven't already reviewed Treasury's Overview of the Final Rule, it's worth doing so (at a manageable 44 pages): https://home.treasury.gov/system/files/136/SLFRF-Final-Rule-Overview.pdf
Hagerty Consulting
55:13
Link to question portal: https://docs.google.com/forms/d/e/1FAIpQLSeDZvPVwx5UXX6odapKvkJCgypgStSuoTuApaqBIbrLQdbf5Q/viewform
Hagerty Consulting
56:33
Link to sign up to newsletter: https://hagertyconsulting.us17.list-manage.com/subscribe?u=e81c6f1711d16ff33a4a86390&id=2382648018
Julie
57:47
Thank you.
Vice Mayor Stefan Leggin, Town of Brentwood
58:03
Very helpful, thank you all!
Minerva
58:22
thanks