Nick Swartsell
/ WVXU
Despite some concerns about moving too quickly, Cincinnati City Council Wednesday unanimously approved plans to spend more than $134 million in federal stimulus. All the ordinances passed so far come from the spending plan proposed by the mayor and city manager.
Cincinnati is expecting about $311 million total from the American Rescue Plan Act (ARPA). The first payment is expected next week, with the remaining $146,795,000 coming this time next year.
Nearly $107 million approved for spending this week is set aside to fill deficits in the current and upcoming fiscal year budgets:
$18.7 million to fill the projected general fund deficit for FY 2021, which ends June 30