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ARP Revenue Replacement Appropriation 2022-08-08
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ARP Revenue Replacement Appropriation 2022-08-08
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8/11/2022 9:40:32 AM
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8/11/2022 9:40:07 AM
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CITY OF SOUTH BEND, IN <br />Summary <br />•To effectively utilize the American Rescue Plan funding, part of the City’s <br />plan is to increase flexibility on use of funds by utilizing revenue <br />replacement. <br />•Revenue replacement funds appropriated by this bill will be used to pay for <br />expenditures that are normally paid for from the General Fund. <br />•This frees up funds in the General Fund to be used for spending on priorities identified <br />as the “ARP-related budget” during the 2022 budget process. <br />•This bill does not change the planned spending on ARP dollars, nor does it <br />remove Council’s authority over appropriation of all City spending.
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