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Budget Amendment - Budget & Grants Management - Use of ARPA Investment Funds
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INFORMATION CONTACT:
Jason May, Budget & Grants Management Director, 704-283-3660
ACTION REQUESTED:
Approve Special Revenue Ordinance 94G.
PRIOR BOARD ACTIONS:
None.
BACKGROUND:
The FY 2026 Adopted County Budget includes an interfund transfer of $500,000 of ARPA Investment funds out of the special revenue fund into the County’s general fund to support annual operations. Special Revenue Ordinance 94G completes this transfer into the general fund for use.
FINANCIAL IMPACT:
Transfer $500,000 in available ARPA Investment Funds to the Union County general fund in accordance with the FY 2026 Adopted County Budget.