President Biden signed the American Rescue Plan Act of 2021 on March 11, 2021. The $1.9 trillion coronavirus relief package includes new economic stimulus payments, extended unemployment benefits, public health funding for vaccines and testing, emergency rental and utility assistance funds, and numerous other provisions extending economic assistance to individuals, families, and businesses. With $350 billion in State and Local Fiscal Recovery Funds, the Act provides an historic investment in states and local governments across the country to assist with impact and recovery, including direct allocations to all counties in North Carolina. See the links below to access information on Local Fiscal Recovery Funds from the Office of Recovery Programs in the U.S. Dept. of Treasury. Visit the Submission Portal to request funds directly from Treasury. Additional resources relevant to counties will be added as they are released.
ARP Webinar with Local Government Commission – Recap & Materials
This webinar reviewed technical and accounting specifics based on current Treasury guidance for local governments and featured a Q&A session with the NC State Treasurer’s office and Local Government Commission staff.
See webinar materials below:
Other Relevant Links to ARP Information
County Activities and Investments
Visit the links below to learn more about how counties are planning and preparing to invest Fiscal Recovery Funds.
Beaufort County Holds Public Input Meeting
Buncombe County Accepting Proposals
New Hanover County Strategizes Investments