FY23 FULL BUDGET REPORT ADOPTED

TOWN OF MORRISVILLE * 100 TOWN HALL DRIVE * MORRISVILLE, NC 27560

ARPA Grant Project Ordinance 2022-181 - D THE MORRISVILLE TOWN COUNCIL AMENDING AMERICAN RESCUE PLAN ACT PROJECT ORDINANCE Be It Ordained by the Town Council of Morrisville, North Carolina that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following grant project ordinance is hereby adopted:

Section 1(A). Revenues Source

Current

Appropriation

Budget

American Rescue Plan Act Funds

2,045,300

2,551,500

4,596,800

Total Anticipated Revenues

$ 2,045,300

$2,551,500

$4,596,800

Section 1(B). Expenditures Project

Current

Appropriation

Budget

120,000 200,000

114,500

234,500

Sustainability Initiatives Small Business Programs* Transit (Smart Shuttle)

(200,000)

-

-

75,700

75,700

125,000 86,000 185,000 60,000

-

125,000

Affordable Housing

1,682,000

1,768,000

Parks, Recreation, and Greenways

180,000

365,000 60,000

Smart City Initiatives

-

Technology Enhancements

Facility Improvements, Repairs, and Replacements

100,000

69,000

169,000

50,000

50,000

100,000

ADA Transition Plan Subtotal, Projects

926,000

1,971,200

2,897,200

Transfers Transfers to the General Fund

1,119,300 1,119,300

580,300 580,300

1,699,600 1,699,600

Subtotal, Transfers

$ 2,045,300

$ 2,551,500

$ 4,596,800

Total Anticipated Expenditures

NOTE: *The Small Business Program will be supported by a separate federal grant from the Small Business Administration in FY 2023.

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