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  2. Finance Committee - Agenda - 4/20/2022 - P87

Finance Committee - Agenda - 4/20/2022 - P87

By dnadmin on Sun, 11/06/2022 - 21:43
Document Date
Fri, 04/15/2022 - 11:50
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 04/20/2022 - 00:00
Page Number
87
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__042020…

PROPOSAL FOR THE CITY OF NASHUA
ARPA ADMINISTRATIVE SERVICES

Our overall philosophy when approaching ARPA investments can be summarized in the graphic below:

3 iparametrics @mel oh

1. Prioritize Good Governance 2. Leverage your ARPA Aid 3. Invest in Best Uses for Long-Term
= Convene ail stakeholders and » Use a thoughtful — strategic Recovery

build consensus planning process * Invest in urgent health and
* Follow allowable uses under » Leverage with ARPA, FEMA, and economic needs

ARPA other federal sources Priontize short-term investments

Meet all accounting and reporting
rules

Comply with all local and state
laws/ordinances

Ensure transparency throughout

Do not create future budget
deficits

lmdalelaiaps=
‘€Telela|
(fe {las rlala=

Coordinate with other state and
local programs

Collaborate with community
partners and organizations

Use existing delivery systems for
efficiency

Don't reinvent the wheel: learn
from others

2. Leverage
BCT WAN Te

with lasting benefits

Identify and address pre-COVID
inhibitors to growth

Move quickly to simulate faster
recovery

Measure progress throughout ta
inform ongoing plan

PAGE 30

Page Image
Finance Committee - Agenda - 4/20/2022 - P87

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