Revenue Replacement

FISCAL YEAR ENDING DECEMBER 2020

The American Rescue Plan Act allows for Counties to use State and Local Fiscal Recovery Funds (“SLFRF”) to offset revenue losses due the COVID-19 pandemic. El Paso County has not experienced a loss in revenue because of the COVID-19 pandemic and, therefore, will not be utilizing any of the funds for revenue replacement in 2021. The following chart shows the revenue replacement amounts required to be reported regarding revenue during the COVID-19 pandemic.

PERFORMANCE MEASURES:

FISCAL YEAR ENDING DECEMBER 31, 2020

*Average annual growth rate based on the years: 2017, 2018, and 2019 **Estimated 2020 revenue based on the growth rate

Base Year Revenue 2019 .....................................................................$350,825,531

Growth Rate*....................................................................................................... 5.1%

Counterfactural Revenue**................................................................$368,588,610

Actual Revenue 2020 ........................................................................... $377,292,977