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Type:
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County Administrator
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Status:
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Agenda Ready
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On agenda:
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8/6/2024
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Final action:
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Title:
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Present Update on American Rescue Plan Act Funding - Angel Roussel, Assistant County Administrator
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SUBJECT:
Title
Present Update on American Rescue Plan Act Funding - Angel Roussel, Assistant County Administrator
Body
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INITIATOR: |
DEPARTMENT: |
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Angel Roussel, P.E., Assistant County Administrator |
Administration |
DESCRIPTION/BACKGROUND:
Present update on American Rescue Plan Act (ARPA) Funding. The table below represents the different initiatives previously approved and their current balances.
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Initial ARPA Funding |
Funds |
Expended/Encumbered |
Balance |
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Administrative/Broadband |
$612,880.00 |
$570,256.75 |
$42,623.25 |
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College of Central Florida Nursing Facility |
$2,000,000.00 |
- |
$2,000,000.00 |
|
CEP New Health Related Business Initiatives |
$825,000.00 |
$750,000.00 |
$75,000.00 |
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Affordable Housing Initiatives |
$2,000,000.00 |
$1,252,434.40 |
$747,565.60 |
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Not for Profit Capacity in Rural Areas Grant Program |
$2,000,000.00 |
$1,857,000.00 |
$143,000.00 |
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Utility Projects |
$63,571,555.00 |
$63,571,555.00 |
- |
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Subtotal Initial Funding |
$71,009,435.00 |
$67,985,289.83 |
$3,008,188.85 |
BUDGET/IMPACT:
None
RECOMMENDED ACTION:
Recommended action
For informational purposes.
end
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