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Comptroller Baringer Announces Rams Settlement Funds Transparency Tracker
Transparency initiative allows residents to follow Rams settlement investments from appropriation to expenditure.
Following the signing of Board Bill 22, the legislation authorizing the investment of $255 million in Rams settlement funds, Comptroller Donna M.C. Baringer announced the launch of the a new transparency tool to track how funds are being allocated throughout the City of St. Louis.
The first Rams Settlement Tracking Infographic has been published with the Board of Estimate and Apportionment meeting materials on the City's website. The tracker will be updated by the Comptroller's Office as contracts funded with Rams settlement dollars come before the Board for approval and funds are encumbered for specific projects.
"The Rams settlement funds provide an opportunity to make critical investments in our city, and residents deserve to know how these historic dollars are begin committed," Comptroller Baringer said. "This tracker will provide the public with a clear view of how these funds are being put to work while ensuring transparency and accountability throughout the process."
The information included in the tracker will be provided by the City's Office of Recovery and updated as Rams-funded contracts move through the Board process.
Earlier this year, Comptroller Baringer advocated for using Rams settlement funds to support critical infrastructure needs, including a $40 million investment in the City's Water Division. The legislation also provides funding to support residents and neighborhoods recovering from the devastating May 16th tornado.
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Comptroller Donna M.C. Baringer is the chief fiscal officer of the City of St. Louis and is charged with safeguarding the city's credit rating and with protecting taxpayer dollars. Visit www.stlouismo.gov/comptroller to learn more about the Office of the Comptroller.
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Contact Information:
Mekenzie Looney
Executive Assistant to the Comptroller -
Department:
Office of the Comptroller
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Topic:
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