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Committee notes ARPA closeout April 30 and federal obligation rules for spending
Summary
The committee recorded that ARPA funds will be closed out April 30, 2025, and highlighted federal rules that unapproved funds cannot be spent after Dec. 31, 2024 unless they were obligated before that date (then may be spent through Dec. 31, 2026).
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Committee members were briefed that the town’s American Rescue Plan Act (ARPA) funds will be closed out on April 30, 2025. Minutes included a written 'tickler' explaining that ARPA monies not approved and under contract before Dec. 31, 2024 cannot be spent; funds that were fully obligated by that date remain available to spend through Dec. 31, 2026.
The committee recorded the closeout date for awareness and to ensure staff apply federal obligation rules when finalizing ARPA contracts. No new ARPA expenditures were approved at the meeting; staff are responsible for confirming whether prior obligations meet the federal criteria for continued expenditure through 2026 and for reporting back to the committee.
