HomeMy WebLinkAboutDocumentation_Workshop_Tab 01_2/15/2022 (2)
Discussion on FEBRUARY 15, 2022 ARPA Funds
ARPA Funds 3,074,240 100,000 655,000 782,120 1,537,120 Grand Total2,314,280 -435,000 342,160 1,537,120 Provide essential govt svcs, i.e., public safety/public works120,000 120,000 Cardiac
Monitors45,350 45,350 Fire-Replacement Command Vehicle 244,610 244,610 Police Vehicles (4)2,724,240 -555,000 632,120 1,537,120 19-Replace Revenue Lost Due to COVID200,000 100,000 100,000
Stormwater Project150,000 150,000 N. Cypress Dr./Riverside Dr.-Stormwater 350,000 100,000 100,000 150,000 Invest in Water/Sewer/Broadband InfrastructureGrand Total2024202320222021PROJECT
DESCRIPTION
Description$3,330,635-) ExpMonths’ Operating -Ultimate Goal: (3$2,220,424-) ExpMonths’ Operating -Minimum (2Fund Balance Goal:recv’d.fire/rescue apparatus that is yet to be will be
reduced by the $1.8M for For FY22, Unassigned Fund Balance $1.5M in ARPA fundingFY21 fund balance reflects receipt of Notes:General Fund–Fund Balance History 2,136,440(330,092)(767,497)(801,755)(3
91,968)Under) Fund Balance Target Over/(Amount 4,356,8641,884,304 1,479,005 1,150,229 1,478,525 end ‐Unassigned Fund Balance at Year2,220,4242,214,396 2,246,502 1,951,984 1,870,493 Two
Months’ Expenditures (Target) 13,322,54113,286,377 13,479,010 11,711,906 11,222,956 Expenditures less Capital outlay (Unaudited)FY2021 FY2020FY2019FY2018FY2017
Description$3,330,635-) ExpOperating Months’ -Ultimate Goal: (3$2,220,424-) ExpOperating Months’ -Minimum (2Fund Balance Goal:General Fund–$3,033,166 FY 2022Estimated Fund Balance$1,537,120Half
of FY 2022)nd ARPA Allotment (2 nd 2$1,496,046 Total-Sub(1,865,588)/Rescue apparatus yet to be receivedFire($995,230)ARPA-Appropriate Fund Balance $4,356,864FY2022beginning of atFund
Balance Unaudited Unassigned (Unaudited)FY2022
Additional Considerations Competitive Wages and BenefitsInflationFY 2027–FY 2023 –5 Year Bridge Maintenance Estimated $100,000––Police Pension $240,000 Revenue to offset cost-PBC
Fire Rescue ContractAdditional Staffing Cost (COVID/Illness)Charrette Process Estimated April approval–Parks Master Plan Analysis and estimated cost being formulated–Phase I Roads