Summary

The American Rescue Plan Act (ARPA) Fund, a new fund adopted in FY 2022, accounts for the collection of ARPA funds and the related expenditures in accordance with the Federal Treasury Department’s guidance.

Fund Revenues and Expenditures

Fiscal Year 2024 Budget Highlights

The budgeted expenditures are highlighted by the follow items:

$200,671 for City’s contribution to the Affordable Housing Trust

$14,420 for local match for Assistance to Fire Fighter’s Grant

$3,562,394 transfers out to capital projects fund for the following projects:

Calhoun Street Drainage- $863,260

King Street Drainage- $1,669,464

Bayard Street Drainage- $450,000

Allison Road- $579,670