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Scott County reports ARPA obligations near $29.8M; $2.5M interest may fund targeted capital uses
Summary
Finance staff told the board the county has obligated roughly $29.8 million of its $33.6 million ARPA award through June 30, 2025, reported $2.5 million in interest income and proposed gradual allocation of interest for EMS capital relief, conservation engineering reimbursement and park/road projects.
Finance staff presented the county’s quarterly American Rescue Plan Act (ARPA) report and discussed how earned interest might be used to support remaining obligations.
Staff reported the county’s $33.6 million ARPA award is fully obligated by contract commitments and that, through June 30, 2025, about $29.8 million had been disbursed or encumbered. The county has…
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