City of Fayetteville
File #: 24-4296    Version: 1 Name:
Type: Other Items of Business Status: Agenda Ready
File created: 10/25/2024 In control: City Council Work Session
On agenda: 11/4/2024 Final action:
Title: ARPA Portfolio Update and Obligation Strategy for FY24: Progress, Planning, and Next Steps
Attachments: 1. ARPA Council Strategy and Projects, 2. ARPA Obligation Update - WS 4 November 24
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TO: Mayor and Members of City Council

THRU: Douglas J. Hewett, City Manager

FROM: Brook M. Redding, Special Projects Manager, MPA, PMP

DATE: November 4, 2024

RE:
Title
ARPA Portfolio Update and Obligation Strategy for FY24: Progress, Planning, and Next Steps
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COUNCIL DISTRICT(S):
Council District(s)
ALL


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Relationship To Strategic Plan:
This item supports the City's mission to promote sustainable growth, improve community well-being, and enhance public safety, in alignment with Council's adopted strategic goals. The ARPA portfolio projects contribute to economic resilience, affordable housing expansion, infrastructure improvements, and public health, which are foundational elements of the City's strategic plan.


Executive Summary:
This memorandum provides an update on the ARPA portfolio and presents the FY25 obligation strategy for the Council's review. Since the initiation of the ARPA funding, the City has allocated significant resources to projects aligned with the Council's strategic priorities, focusing on economic development, housing and community livability, infrastructure, and public safety. The City is on track to meet the December 31, 2024, federal obligation deadline and has implemented a comprehensive obligation strategy to ensure compliance with ARPA guidelines while maximizing the impact of funds for the Fayetteville community. This update highlights portfolio progress, key milestones, and the strategic steps being undertaken to complete the portfolio's obligations


Background:
The City of Fayetteville was allocated $40,400,000 of ARPA funding to aid recovery efforts and support transformative projects following the impacts of the COVID-19 pandemic. These funds have been allocated across various projects within the City's ARPA portfolio. Since the Council's strategic allocation of ARPA funds in FY22, the City has actively pursued projects that align with these priorities, providing funding to departments across the city...

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