FY23 FULL BUDGET REPORT ADOPTED

Grant Fund A grant fund is considered a multi-year fund serving the purposes of accounting for expenditures relating to a specific grant funded resource meeting reporting requirements and compliance terms.

American Rescue Plan Act Fund

Purpose The purpose of the American Rescue Plan Act Fund is established to appropriately and transparently account for the accumulation of limited federal grant resources to manage expectations, evaluate community needs, and develop sustainable programs that spur community recovery in accordance with guidance as defined by the US Treasury Department.

- Leverage our resources by re-investing and transforming the community.

Budget Notes

2022 Estimated Actual

2023 Projected Budget

AMERICAN RESCUE PLAN ACT

2020 Actual

2021 Actual

Operations

$ $ $ $

- - - -

$ $ $ $

- $ - $ - $ - $

726,000 $

291,500

Capital Outlay

- $

75,700

1,119,300 $ 1,845,300 $

2,184,300

Transfers

2,551,500

Total Expenditures

0.0%

Year Over Year % Change Total Year Over Year $s Change Total

0.0%

100%

38%

$

-

$

- $

1,845,300 $

2,551,500

FY23 Budget Priorities Dog Park Design/Construction

$

1,000,000

Shiloh Park Basketball Court Renovations & Improvements

$ $ $ $

604,000 450,000 130,300 116,500

General Fund Revenue Recovery

Other Items

Smart City and Sustainabililty

Public Works Safety Initiatives

$

108,000

Smart Shuttle Node & Amenities

$

75,700

Trash Can Replacements , Town Hall Painting, and Other items

$

67,000

$

2,551,500

89