Title For Agenda Item:
title
Adoption of amended ARPA budget for project funding
recommendation
Recommended Action:
Authorize changes to the Cumberland County ARPA Budget that reflect the County’s regional funding commitments and approve those changes to formalize the ARPA Budget.
body
Background and Purpose of Request:
The budget presented before you for approval encompasses the County’s fiscal funding commitments to both our internal department as well as our community stakeholders. In totality Cumberland County has committed $57,300,874.00, of its available funding. This translates to 100% of the funding Recovery Funding made available to Cumberland County have been obligated.
By voting to approve the budget presented before you today, you will be formalizing our existing funding commitments, as well as adjustments made on behalf of internal departments seeking budget increase to cover the cost of project overruns related to our current construction market.
Staff Contact: Sandra Warren, Compliance & Audit Manager
Presentation: Yes
Fiscal Impact and Source:
Total funding awarded to Cumberland County from Tranche 1 & Tranche 2 of The American Rescue Plan Act, State and Local Fiscal Recovery Fund.
Effective Date if Applicable:
Ongoing