Ordinance 72006

Financial Empowerment Center (FEC) Program Grant

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Summary

The Board Bill, recommended by the Board of Estimate and Apportionment authorizes the St. Louis Treasurer’s Office to accept a Financial Empowerment Center (FEC) program grant of up to an initial amount of $20,000.00, plus a subsequent anticipated award up to $300,000.00 for project implementation, by entering into a Memorandum of Understanding with the Cities for Financial Empowerment Fund; authorizing the expenditure of such funds, to the extent received; authorizing contracts and other documents to expend such funds, to the extent received; and containing an emergency clause.

Overview

Session: 2025-2026

Board Bill Number: 21

Primary Sponsors: Rasheen Aldridge

Effective: 06/13/2025

Legislative History

Legislative activities and outcomes for this board bill. Learn more about what these activities mean.

  • 05/22/2025

    First Reading

    Bill text was introduced (302.38 KB PDF).

  • 05/22/2025

    Referred to a Committee

    The bill was assigned to the Budget and Public Employees Committee.

  • 05/28/2025

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Budget and Public Employees Committee hearing.

  • 05/30/2025

    Second Reading

  • 06/06/2025

    Perfection

    The bill was passed.

  • 06/13/2025

    Engrossment

    The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.

  • 06/13/2025

    Third Reading

    The bill was passed.

  • 06/13/2025

    Delivered to Mayor

  • 06/13/2025

    Mayor Returns Bill

    The bill was approved.

  • 06/16/2025

    Delivered to Register

  • 06/23/2025

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 72006. Effective date is 06/13/2025

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