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 2023 Budget Highlights

The second tranche of ARPA funds of $3.3M will arrive in September 2022 and the City expects to receive $750,000 from Beaufort County comprised of Cybersecurity and the Good Neighbor Fund.

The budgeted expenditures are highlighted by the follow items:

$250k for Bridges Building for Workforce Development

$149k for Security Camera Upgrades

$200k GIS Database Setup and Training

$105k IT Router Refresh Equipment