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County finance update: ARPA nearly allocated; officials project modest positive year-end balance

2215697 · January 27, 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

Merrimack County finance staff reported that nearly all ARPA funds have been allocated to projects and that current budget projections show revenue above budget and expenses slightly under, producing a projected positive year-end balance of roughly $2.5 million

County finance staff told the Merrimack County Board of Commissioners that the county’s ARPA allotment has largely been committed and that year-to-date revenue performance is above budget while expenses are tracking slightly under.

Aaron, a county finance staff member, said the county has used most of its ARPA allocation, that nearly $30,000,000 had been the working pool and that roughly $3,200,000 of that pool…

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