The Tega Cay City Council convened on December 16, 2024, to address several key financial matters, particularly concerning the allocation and oversight of funds from the American Rescue Plan Act (ARPA). The meeting highlighted concerns from council members regarding transparency and accountability in the spending of city funds.
The discussion began with a council member expressing strong disagreement over the lack of awareness regarding expenditures from the ARPA funds. They noted that over $500,000 had been spent on companies that had not been previously acknowledged by the council. This raised significant concerns about the council's oversight of financial decisions and the need for clarity on how funds are being allocated.
A specific point of contention was the awarding of a $35,000 contract to Harper Engineering, which was part of a larger project potentially involving an additional $3.5 million. The council member emphasized the importance of understanding the full scope of financial commitments and the need for clear communication regarding the status of these funds.
In response to these concerns, city officials committed to providing quarterly financial reports starting in February 2025. These reports will detail expenditures and ensure that all council members are informed about how ARPA funds are being utilized. The officials acknowledged the necessity of maintaining transparency, especially given the significant amounts involved.
The council also discussed the importance of having a general ledger that tracks project funds, allowing members to see how money is being spent on specific projects, such as the replacement of a clarifier. This initiative aims to enhance accountability and ensure that all council members are aware of financial activities.
Council members expressed appreciation for the efforts of city staff in preparing for the meeting and addressing the financial queries raised. They emphasized the need for ongoing discussions about the utilization of ARPA funds and the importance of understanding the long-term financial implications for the city once these funds are exhausted.
In conclusion, the meeting underscored a collective commitment from the Tega Cay City Council to improve financial oversight and transparency. The introduction of quarterly reports and a detailed ledger system is expected to foster better communication and accountability regarding city expenditures moving forward.