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Roscoe designates $1.4 million in ARPA funds for parks, radios and parking projects
Summary
The Village of Roscoe board approved a resolution formally designating $1.4 million of American Rescue Plan Act funds for specific projects, requiring signed contracts to meet Treasury reporting rules and avoid returning the money.
The Village of Roscoe board on Dec. 3 approved Resolution 2024-R-52 to designate $1,400,000 in American Rescue Plan Act (ARPA) funds for specified projects, officials said.
Board members adopted the resolution as a formal step to meet U.S. Treasury reporting guidance that requires a signed contract as evidence of obligation. Village staff said the resolution will let Roscoe report the funds as committed rather than return them to the federal government.
Why it matters: The village must obligate ARPA funds by Dec. 31, 2024, and spend them by Dec. 31, 2026, under the guidance discussed at the meeting. The board’s formal designation lists specific projects so the village can document eligible expenditures in the Treasury report due in April.
Village staff identified the projects to which the $1.4 million will be applied: Porter Park cabin maintenance; purchase of Motorola radios for the police department; sport-park fitness equipment (the next agenda item); Bridge Street multiuse parking facility (a $600,000 contract was noted); and Big Works facility maintenance. Staff said most expenditures already paid, while the Bridge Street contract and the fitness-equipment purchase remain under contract and not yet paid.
Officials clarified financing details: the Bridge Street multiuse parking facility contract was described as $600,000, and the outdoor fitness-equipment package discussed later in the meeting was described as $110,000. The village noted a $50,000 grant from Blue Cross Blue Shield that applies to the fitness equipment purchase. Meeting remarks also noted interest earned on ARPA balances since 2020, described as about $700,000.
Village staff said the Treasury’s current interpretation requires a “definitive” signed agreement for each designated project before it can be reported as obligated. That interpretation differs from earlier guidance that permitted other forms of commitment. Because Roscoe’s ARPA allocation falls under the $10 million cap for general government services, the village is using the funds for a range of municipal services and capital projects rather than narrow categories.
The board voted in favor of the resolution with no recorded opposition. Officials said they will attach signed contracts and project lists to the village’s Treasury report to show the funds are committed and being spent in compliance with federal rules.
The vote: Resolution 2024-R-52 passed (roll call recorded at the meeting). The village’s reporting deadline to the U.S. Treasury is April (annual reporting); the obligation and expenditure deadlines referenced at the meeting are Dec. 31, 2024 (obligation) and Dec. 31, 2026 (expenditure).
