Utilization of ARPA funding discussion continues
Last updated 10/1/2021 at 9:26am
The city continues its discussion on the utilization of federal funding provided through the American Rescue Plan Act, signed by President Biden in March.
The act provides a unique opportunity for state and local governments to make strategic investments and to rebuild reserves, enhance financial stability, and cover temporary operating shortfalls until economic conditions normalize.
Eligible expenditures for the ARPA funds fall within four categories, according to a presentation by finance director Laurel Gimzo.
“We can use the funds on any kind of expense that has already incurred or...