On March 10, 2021, President Biden approved the American Rescue Plan (ARP), which includes a Coronavirus Local Fiscal Recovery Fund of $350 billion in emergency funding for state, local, territorial, and tribal governments.
The Coronavirus Local Fiscal Recovery Fund is a chance for agencies to remedy the mismatch between rising costs and falling revenues from the pandemic. We hope this information will help you plan for just that.
Wishing you the best on your journey to recovery,
– The Team at Climatec