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Kokomo mayor says city encumbered nearly $20 million in ARPA funds; $4 million remains under contract

5433515 · February 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Mayor Tyler Moore told the Kokomo City Common Council that Kokomo received $19,893,216 in federal ARPA funds in 2021, that $10 million was used as revenue replacement, $9,893,216 was used for restricted infrastructure and community development projects, and about $4,000,000 remains encumbered but unspent.

Mayor Tyler Moore reported to the Kokomo City Common Council that Kokomo City received $19,893,216 in American Rescue Plan Act (ARPA) funds in 2021 and that the city met the federal requirement to encumber all funds by Dec. 31, 2024.

Moore told the council that $10,000,000 of the total was treated as revenue replacement — a capped category under the federal rules — and the remaining $9,893,216 was restricted for infrastructure and community development projects. "We successfully achieved that goal, scrambled a little bit at the end, but found some very worthwhile uses for those funds," Moore said.

The mayor said about $4,000,000 remains under contract but has not yet been spent. He described a range of projects paid from the…

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