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Treasury releases Fiscal Recovery Fund public reporting data through end of 2021

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    Treasury releases Fiscal Recovery Fund public reporting data through end of 2021

    The U.S. Department of Treasury (Treasury) released public reporting data for the American Rescue Plant Act’s (ARPA) Coronavirus State and Local Fiscal Recovery Fund (Recovery Fund) investments from recipients with a population over 250,000 or an award over $10 million. Through the publication, Treasury provides information including a county’s estimated revenue loss and the number of ARPA funded projects it has reported. The report also includes details of these projects, including a project description, adopted budget and total expenditures. The data covers Recovery Fund expenditures from March 3, 2021, through December 31, 2021.

    Treasury has also published an accompanying blog that contextualizes the data and highlights trends on how local governments began to use Recovery Funds in 2021. In its analysis, Treasury found that:

    • By the end of 2021, counties and counties with populations over 250,000 budgeted 83 percent of available Recovery Funds
       
    • Recovery Funds have allowed state and local governments to maintain and rebuild public services by replacing lost revenue due to the pandemic
       
    • Local governments have used Recovery Funds to respond to immediate and long-term housing needs through initiatives such as rental assistance and affordable housing programs
       
    • Recovery Funds have been invested to restore public sector work, including essential workers on the frontline of the pandemic, support individuals re-entering the workforce with new job training programs and expand childcare access


    The Recovery Fund, which NACo helped develop and strongly advocated for its passage, is a historic investment in our nation’s counties. By providing direct, flexible aid to every county in America, the Recovery Fund has allowed county governments to bolster its local health programs, strengthen infrastructure and ensure essential human services remain available to residents.

    NACo appreciates the continued partnership with the Treasury as we highlight the significant Recovery Fund investments counties are making to strengthen its communities.

    NACo has also created a Local Government ARPA Investment Tracker, in partnership with Brookings Metro and the National League of Cities, to highlight well-targeted uses of ARPA funds.

    To access the Treasury’s full public reporting data, click here.

    Treasury released Fiscal Recovery Fund reporting data of counties with a population over 250,000 or an award over $10 million through the end of 2021.
    2022-05-26
    Blog
    2022-05-27

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