Page 240 - CityofWataugaAdoptedBudgetFY25

CARES AND AMERICAN RESCUE PLAN (CLFRF) GRANT
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 2023-2024 2023-2024 2024-2025
Actual Actual Budget Projected Budget

Fund Balance, October 1 $0 $0 $0 $0 $0
Revenues:
Grant Proceeds 383,725 1,815,790 4,000,000 1,391,000 2,352,049
Interest Earnings 0 0 0 0 0

Operating Revenues $ 383,725 $ 1,815,790 $ 4,000,000 $ 1,391,000 $ 2,352,049

Total Available Resources $ 383,725 $ 1,815,790 $ 4,000,000 $ 1,391,000 $ 2,352,049
Expenditures:
CARES COVID-19 Personnel, Supplies, Contractual & Capital
ARPA 6.1
Infrastructure 0 3,300,000 106,000 2,311,049
Personnel Programs 383,725 1,642,179 277,000 185,000 30,000
Equipment 125,778 350,000 300,000 0
Supplies 2,450 0 0 0
Contractual 45,382 73,000 800,000 11,000

TOTAL OPERATING & TRANSFERS $ 383,725 $ 1,815,789 $ 4,000,000 $ 1,391,000 $ 2,352,049
Fund Balance, September 30 $0 $1 $0 $0 $0
CHANGE IN FUND BALANCE $0 $1 $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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