American Rescue Plan
American Rescue Plan Local Fiscal Recovery Funds are being distributed and resources have been made available to aid local governments in processing these funds. A summary of available resources can be found below. Prior to accepting funds, the following documents needed to have been adopted by your local government’s governing body effective March 20, 2020:
- Records Retention
- Eligible Use
- Allowable Cost
- Civil Rights Compliance
- Conflict of Interest
In addition to Local Fiscal Recovery Funds, the State of North Carolina Received Coronavirus Relief Funds (CRF).
At the Federal level, the State, Local, Tribal and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act (S.3011) was passed by the U.S. Senate in October of 2021, however the complaint bill (H.R.5735) remains before consideration in the U.S. House.
This legislation was created to strengthen the Fiscal Recovery Funds by providing state and local officials with the flexibility to invest funds in transportation, infrastructure, and government services.
The National Association of Counties website hosts a table that contains official values from the US Senate of how much counties will be able to use towards transportation and infrastructure projects or government services under this bill.
For additional in depth resources, the NC League of Municipalities serves as a reference for guidance regarding spending, reporting, and current available tools.
Information of Bipartisan Infrastructure Bill (BIL) will follow, stay tuned!
The Kerr-Tar Regional Council of Governments stands ready to assist our member governments with fully understanding the various reporting requirements as prescribed by US Treasury. The objective of this site, is to routinely provide information and resources to our member governments on a consistent basis. Available Resources are linked below. For more details assistance please contact your Kerr-Tar ARPA representative.