Page 100 - KennedaleFY24AdoptedBudget
P. 100
OVERVIEW: DISASTER RECOVERY FUND
The Disaster Recovery Fund (35) tracks transactions related to the American Rescue Plan Act of
2021 (ARPA). Utilization of these funds will take place prior to December 31, 2023 on public
safety measures and water/sewer projects.
FUND 35 DISASTER RECOVERY FUND
Account Description FY22 Actual FY23 Budget FY23 Est Actuals FY24 Budget
35-4085-00-00 CARES ACT FUNDING 139,054 1,954,000 220,750 1,950,000
35-4401-00-00 INVESTMENT INCOME 7,300 1,000 41,000 41,000
TOTAL REVENUES $ 146,353 $ 1,955,000 $ 261,750 $ 1,991,000
Account Description FY22 Actual FY23 Budget FY23 Est Actuals FY24 Budget
35-5241-01-00 PUBLIC SAFETY MEASURE - 250,000 - 89,300
35-5291-01-00 GRANT FUNDED SUPPLIES - 5,000 -
35-5292-01-00 MEDICAL SUPPLIES - 250,000 -
35-5441-01-00 OTHER ECONOMIC EXPENSE - 500,000 750
35-5443-01-00 TELEWORK - - -
35-5444-01-00 COMMUNICATION AND ENFORCEMENT - - -
35-5446-01-00 WATER/SEWER PROJECTS 139,053 - 220,000 1,950,000
35-5555-01-00 COVID PAYROLL EXPENS - - -
TOTAL EXPENDITURES $ 139,053 $ 1,005,000 $ 220,750 $ 2,039,300
NET CHANGE IN FUND BALANCE $ 7,300 $ 950,000 $ 41,000 $ (48,300)
BEGINNING FUND BALANCE — OCT 1 $ - $ 7,300 $ 7,300 $ 48,300
ENDING FUND BALANCE — SEPT 30 $ 7,300 $ 957,300 $ 48,300 $ (0)
CITYOFKENNEDALE.COM/BUDGET 97
