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Council committee reviews $500,000 ARPA transfer to Athens CIC for armory cash flow; auditor seeks earlier year-end appropriation reductions
Summary
City officials told the finance and personnel committee on April 28 they will seek a $500,000 transfer from a special ARPA-designated revenue fund to the Athens Community Improvement Corporation to shore up cash flow for armory renovation payments.
At the April 28 finance and personnel committee meeting, city officials discussed a requested transfer of $500,000 from a special revenue account established for American Rescue Plan Act funds to the Athens Community Improvement Corporation (CIC) to cover contractor payments for the armory renovation.
The mayor and auditor said the special revenue fund was seeded in 2023 from the city’s ARPA allocation and…
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