Temple City

City Council

A. APPROVE RESOLUTION NO. 24-5728 AUTHORIZING BUDGET AMENDMENTS FOR THE ARPA FUND The City Council is requested to transfer costs between the ARPA Fund and the General Fund to ensure that the City is able to spend its full ARPA allocation. Presenter: Administrative Services Director Recommendation: 1. Budget Amendment/Transfer of $6,372,140 for projects from the American Rescue Plan Act (ARPA) to the General Fund; 2. Budget Amendment/Transfer of $5,705,165 (for the period of July 1, 2023 to and 3. Direct the use of remaining ARPA fund balance of $2,329,350 for public safety expenditures from General Fund to ARPA (for the period of July 1, 2024 to 4. Reserve $8,034,515 as Assigned Fund Balance in General Fund.