At its May 27 meeting, the City Commission approved a resolution amending current fiscal-year American Rescue Plan Act (ARPA) fund allocations to close Fund 126, move carry-forward cash balances to Fund 326 and reallocate budget appropriations to cover increased costs for EMS rescue vehicles and fire trucks.
The commission also approved a resolution to amend and restate the city's investment policy to comply with statutory requirements and to establish authorized investment practices. The meeting summary does not include the text of the revised investment policy or the statute citations beyond noting statutory compliance.
Separately, the commission approved a resolution establishing a revenue account to recognize towing-service receipts paid to the city for services provided by Coffs Towing and Sheehan's Towing in accordance with Ordinance No. 4999-22.
The meeting summary further records approval of a resolution authorizing assessment of city liens in the total amount of $17,038.91 for unpaid water, sewer and stormwater service charges for January 2025.
The meeting summary does not include vote tallies, specific line-item budget transfers, or the revised investment policy wording. The ARPA reallocation was described as necessary to cover increased procurement costs for EMS rescue vehicles and fire trucks; the record does not specify procurement timelines or vehicle counts.