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HomeMy WebLinkAboutR - 2024-05- Resolution Approve ARPA Revenues R-2024-05 RESOLUTION A RESOLUTION TO APPROVE THE USE OF AMERICAN RESCUE PLAN ACT (ARPA) REVENUES TO FUND CAPITAL PROJECTS IN THE FY25 BUDGET WHEREAS, pursuant to the City's Charter, the South Burlington City Manager prepared and submitted the FY 2025 annual budget to the South Burlington City Council with the stated purpose of maintaining current service levels for municipal operations, ensuring a sustainable fund balance for future councils, and to maintain investment in capital; and, WHEREAS, included in the annual budget are certain capital improvement expenditures that are eligible for funding with ARPA funds the City received to help offset impacts caused by the COVID-19 pandemic; and, WHEREAS, at its regularly warned meetings through December and January, the Council and public reviewed the City budget through individual department budget presentations; and, WHEREAS, in accordance with the City's Charter and applicable provisions of state law, a properly warned public hearing on the FY 2025 budget was held on January 16, 2024 for further public comment. NOW, THEREFORE, BE IT RESOLVED, that if the voters approve the proposed FY25 budget, the following eligible capital improvement expenditures for a total of$742,000 shall be funded through the use of ARPA funds: Parks Master Plan, Hinesburg Road Shared Use Path, Public Transit Study,Active Transportation Projects, Charging Stations, Public Works Building Windows Replacement, Weatherization project at Wheeler House; and all previous Council approved uses of ARPA funds. APPROVED this 16th day of January, 2024. SOUTH BURLINGTON CITY COUNCIL ` tik.P.bL):ALa#02t; 'N. 1 Helen Riehle, Chair Meaghan ery, Vice Chair 01.21 ofIh Tim (tt, lerk Larry Kupfe n l .rew Chalnick