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Muncie earmarks federal funds for hospitality industry, budget shortfalls


Numerous departments were short according to officials, which is where the general fund stimulus will come into play. Beech Grove Cemetery as a governmental unit has a $120,000 allocation out of the city s ARP funds, while the Muncie Street Department will see nearly $400,000.
Several City TIF districts also are getting a boost from the funds.
The city allocated an additional $1,924,430 in both 2022 and 2023 to assist with potential shortfalls there. Officials are uncertain what, if any impact the pandemic will have on government revenue at that point.
Should the money not be needed, it can be reallocated elsewhere.
Even with three years of shortfall allocated in the plan, budget items only take up 20% of the total money given to Muncie. ....

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