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Finance department outlines ARPA obligations, five‑year forecast work and procurement transparency plans
2509263 · March 6, 2025
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Summary
Finance staff reported ARPA obligations and described plans for a formal five‑year operating forecast, an annual procurement document for vendors and expanded cybersecurity training for city employees.
Finance staff updated the budget committee on staffing, ARPA spending and planned process improvements. A finance presenter said the city has obligated nearly $120 million of ARPA funds and expects to spend down ARPA by the end of 2026 under the current plan.
Presenters announced several near‑term projects: development of a formal five‑year forecast for operating…
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