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Lee County finance panel authorizes final ARPA administrative payouts to trigger federal closeout
Summary
The Lee County Finance Committee voted to pay roughly $30,000 in remaining ARPA administrative costs by March 31 so the county can report a zero balance and request federal closeout; staff warned of a separate potential $238,000 insurance reserve assessment.
The Lee County Finance Committee on Wednesday authorized staff to pay remaining administrative costs tied to the county's $6.6 million American Rescue Plan Act award so the county can submit a federal closeout report showing a $0 balance.
Sarah (county finance staff) told the committee that all ARPA projects have been obligated and only administrative funds remain. “We have to fully expend those, no later than December 31 of this year,” she said, and Treasury has begun issuing closeout-report guidance on a rolling basis. Sarah said paying the…
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