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First ARPA Recovery Fund Project and Expenditure Reports due January 31, 2022

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    First ARPA Recovery Fund Project and Expenditure Reports due January 31, 2022

    The Coronavirus State and Local Fiscal Recovery Fund (Recovery Fund) was authorized under the American Rescue Plan Act (ARPA) and provides $65.1 billion to every county, parish and borough in America. As part of the program, recipients are required to submit reports to the U.S. Department of Treasury (Treasury), which has been tasked with overseeing the implementation and administrated of the program.

    On January 31, 2022, the first quarterly Project and Expenditure Report is due for counties that have certified for Recovery Funds and have either a population that exceeds 250,000 residents or received over $10 million in Recovery Funds. Treasury announced that it will be issuing a complete user guide for Project and Expenditures Report in the coming days to help assist counties in completing these reports.

    For counties that are required to submit the first quarterly report on January 31, 2022, this initial report will cover three calendar quarters from March 3, 2021, to December 31, 2022.

    For more information on reporting requirements and deadlines for the Fiscal Recovery Fund, please review Treasury’s Compliance and Reporting Guidance. The compliance and reporting guidance also provides important information on how to track Fiscal Recovery Fund expenditures and how counties can ensure subrecipients are in compliance with these requirements.

    NACo will continue to closely monitor the Fiscal Recovery Fund and update members as additional information becomes available. Counties can stay apprised of updates on the Fiscal Recovery Fund by visiting NACo’s State and Local Fiscal Recovery Fund Resource Hub.

    The Coronavirus State and Local Fiscal Recovery Fund (Recovery Fund) was authorized under the American Rescue Plan Act (ARPA) and provides $65.1 billion to every county, parish and borough in America.
    2022-01-04
    Blog
    2022-01-04
  • 03
    09
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    Reports & Toolkits

    <p>In March of 2021, the American Rescue Plan Act of 2021 authorized the $350 billion State and Local Coronavirus Fiscal Recovery Fund&nbsp;(Recovery Fund),&nbsp;which provided&nbsp;$65.1 billion in direct, flexible aid to

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    Finance, Pensions & Intergovernmental Affairs Steering Committee

    All matters pertaining to the financial resources of counties, fiscal management, federal assistance, municipal borrowing, county revenues, federal budget, federal tax reform, elections and Native American issues. Policy Platform & Resolutions 2023-2024 2023 NACo Legislative Priorities
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    <p>All matters pertaining to the financial resources of counties, fiscal management, federal assistance, municipal borrowing, county revenues, federal budget, federal tax reform, elections and Native American issues.</p>

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