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SPECIAL REVENUE FUNDS

CARES AND AMERICAN RESCUE PLAN (CLFRF) GRANT BUDGET SUMMARY
FUND 10

The CARES Grant Interlocal Agreement with Tarrant County was approved in FY2019-2020 for Coronavirus Relief. The eligible expenses
include COVID response payroll and benefit costs, public health, and safety, telework enhancement, and other expenses related to COVID-
19 response. The City received $1,307,350 in FY2019-2020 and closed out the fund 12/31/2020 as required.

In July 2022, the City Council adopted a Spending Plan Framework for the American Rescue Plan Funding. The City's allocation is $6,066,048
and received the first half allocation in August 2021 and the second half is expected in August 2022.

This is a special revenue fund and revenues must be spent based on grant restrictions.

BUDGET SUMMARY

HISTORY PROJECTED YEAR BUDGET
2021-2022 2022-2023 2022-2023 2022-2023 2023-2024
Amended
Actual Budget Budget Estimate Budget

Fund Balance, October 1 $0 $0 $0 $0 $0
Revenues:
Grant Proceeds 383,725 4,108,200 5,042,200 2,223,253 4,000,000
Interest Earnings 0 0 0 0 0
Operating Revenues $ 383,725 $ 4,108,200 $ 5,042,200 $ 2,223,253 $ 4,000,000

Total Available Resources $ 383,725 $ 4,108,200 $ 5,042,200 $ 2,223,253 $ 4,000,000

Expenditures:
CARES COVID-19 Personnel, Supplies, Contractual & Capital 0 0 0
ARPA 6.1
Infrastructure 2,766,000 2,766,000 400,000 3,300,000
Personnel Programs 383,725 880,000 1,814,000 1,700,000 277,000
Equipment 426,000 426,000 76,000 350,000
Supplies 0 0 3,000 0
Contractual 36,200 36,200 44,253 73,000
TOTAL OPERATING & TRANSFERS $ 383,725 $ 4,108,200 $ 5,042,200 $ 2,223,253 $ 4,000,000
Fund Balance, September 30 $0 $0 $0 $0 $0

CHANGE IN FUND BALANCE $0 $0 $0 $0 $0

ARPA Grant
$6,066,048 plus additional $5,994 allocation to be spent by December 31, 2026 or returned to the Treasury

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