Staff: one‑time funds show $6.8M balance after ARPA interest receipts
August 07, 2026 | Oklahoma County, Oklahoma
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County finance staff reviewed tracked one‑time funds and said previously conservative estimates for ARPA interest understated actual receipts. The board was shown that cumulative one‑time receipts (~$29.5 million) minus recorded one‑time uses (~$22.7 million) yields an unspent balance of roughly $6.8 million.
Staff explained the $6.8 million reflects actual interest received dating from the ARPA start (06/18/2021) through 06/30/2026 and said the office will switch to using hard receipts rather than conservative estimates going forward. Members noted the balance will likely grow if funds remain unspent into FY27 because interest will continue to accrue; staff will update the figures with the September statement.
Staff explained the $6.8 million reflects actual interest received dating from the ARPA start (06/18/2021) through 06/30/2026 and said the office will switch to using hard receipts rather than conservative estimates going forward. Members noted the balance will likely grow if funds remain unspent into FY27 because interest will continue to accrue; staff will update the figures with the September statement.
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