Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the ARPA Transfer topic
No spam. Unsubscribe anytime.
Staff proposes $1M ARPA transfer to match stormwater grant
Summary
Bridget said staff recommends a $1,000,000 transfer from an ARPA economic impact fund to the grants fund as the local match for a previously discussed stormwater project, leaving about $2.5M in the ARPA fund after the transfer.
At the workshop, staff described a $1,000,000 transfer from the ARPA economic impact fund to the grants fund to serve as the grant match for a previously discussed stormwater project. Bridget said the transfer reduces the ARPA economic impact fund balance from approximately $3.5 million to about $2.5 million after the transfer.
"We have a transfer of 1,000,000 from the ARPA economic impact fund, which is for the grant match for the stormwater project that was previously discussed," Bridget said. She characterized the transfer as necessary to secure the grant match and proceed with stormwater capital work.
