Temple City
City Council
Agenda Item A
A. APPROVE RESOLUTION NO. 24-5728 AUTHORIZING BUDGET AMENDMENTS\nFOR THE ARPA FUND\nThe City Council is requested to transfer costs between the ARPA Fund and the\nGeneral Fund to ensure that the City is able to spend its full ARPA allocation.\nPresenter: Administrative Services Director\nRecommendation:\n1. Budget Amendment/Transfer of $6,372,140 for projects from the American\nRescue Plan Act (ARPA) to the General Fund;\n2. Budget Amendment/Transfer of $5,705,165 (for the period of July 1, 2023 to\nand\n3. Direct the use of remaining ARPA fund balance of $2,329,350 for public safety\nexpenditures from General Fund to ARPA (for the period of July 1, 2024 to\n4. Reserve $8,034,515 as Assigned Fund Balance in General Fund.