TITLE
Title
BUDGET AMENDMENT: ALIGN ARPA ENABLED BUDGET AFTER FISCAL YEAR 2025 YEAR END
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SPONSOR
Sponsor
Toy Beeninga
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BACKGROUND
Background
As part of the allocation of American Rescue Plan Act (ARPA) funding, certain priorities were authorized under revenue replacement and accounted for in the ARPA Enabled Fund. Within the ARPA Enabled Fund, annual appropriations in the Budget Ordinance are allocated at the initiative level, which restricts those funds to only be used for the specific purpose authorized by the Board of County Commissioners (BoCC).
When the annual budget is developed, staff project how much funding will be spent before the conclusion of the fiscal year, how much funds will be under contract by the end of the year, and then how much funds will need to be budgeted in the subsequent year for each initiative. The total funding, by initiative, must remain balanced to the total amount approved by the BoCC. Now that final accounting is complete for Fiscal Year 2024-25, a true up is necessary to align each initiative. This action is a normal check that will be performed each year to ensure funding remains aligned with Board allocations and does not impact planned activities or total amounts awarded by the BoCC for each program.
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BUDGET IMPACT
Budget Impact
ARPA Enabled Fund
Integrated Service Delivery
$328,009 decrease in appropriation
$328,009 decrease in appropriated fund balance
Homelessness Taskforce Admin
$76,370 decrease in appropriation
$76,370 decrease in appropriated fund balance
Food Security
$192 decrease in appropriation
$192 decrease in appropriated fund balance
EMT and Paramedic Academy
$152,294 decrease in appropriation
$152,294 decrease in appropriated fund balance
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REQUESTED ACTION
Requested Action
Approve all necessary budget amendments, as presented.
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