Wake Forest Town staff has confirmed the town is slated to receive $14 million in federal recovery funds this year.
“We are slated to receive $14,541,845.67 in ARPA funds. Our first disbursement was received on July 27 in the amount of $7,270,922.84,” Chief Financial Officer Aileen Staples wrote yesterday in response to a Gazette query. ARPA is the American Rescue Plan Act.
Staples also said, “Staff has been meeting internally and working to put together recommendations for the Board’s consideration. The final regulations on what we can and cannot do with these funds are not due until mid-September or possibly later. That being said, we are taking a cautious approach and plan to have a work session with the Board later in the Fall to discuss potential projects and use of these funds.”
Wake Forest residents who have ideas about the use of these funds can call any or all of the town commissioners with their suggestions.
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On Friday, September 3, at 11:30 a.m., Congressman David Price will host a meeting with the Wake Forest Board of Commissioners and town staff to tour different sites around the Town of Wake Forest.
The purpose of the meeting is to view the Wake Forest Reservoir which is one of the projects that Congressman Price has included in his Community Project Requests. This Project Request has advanced in the House as part the Fiscal Year 2022 Homeland Security Appropriations Bill. There will also be a tour of the county housing in the Wake Forest community to demonstrate the need for county improvements in this area.
No official Town of Wake Forest business is scheduled to take place.
The tour will start at the Wake Forest Town Hall which is located at 301 S. Brooks Street.
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One Response
Maybe instead of begging the Federal government for some of the money they are printing like it’s going out of style, we should fund projects in our community ourselves? I’d contribute a project for improving the reservoir.