File #: 24-0186    Version: 1 Name: American Rescue Plan Act Update
Type: Manager's Report Status: Manager’s Report
File created: 3/25/2024 In control: County Manager's Office
On agenda: 4/2/2024 Final action:
Title: American Rescue Plan Act Update ACTION: Receive as information an update on the Coronavirus recovery funds received in Mecklenburg County from the American Rescue Plan Act (ARPA). The presentation will include an update on recent changes to the US Department of Treasury's guidance; unspent ARPA funds; and, the Clawback provision outlined in each grant recipients' contract. Staff Contact: Michael A. Bryant, Deputy County Manager Presentation: Yes - presentation forthcoming BACKGROUND/JUSTIFICATION: On May 10, 2021, the US Department of Treasury announced the launch of the Coronavirus State & Local Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial governments. Mecklenburg County received a direct allocation in the amount of $215 million from the US Department of Treasury. PROCUREMENT BACKGROUND: N/A POLICY IMPACT: N/A FISCAL IMPACT: N/A
Attachments: 1. ARPA_BOCCUpdate_April2024_PI.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

American Rescue Plan Act Update

 

 

ACTION:

Receive as information an update on the Coronavirus recovery funds received in Mecklenburg County from the American Rescue Plan Act (ARPA). The presentation will include an update on recent changes to the US Department of Treasury's guidance; unspent ARPA funds; and, the Clawback provision outlined in each grant recipients' contract.

 

 

Staff Contact:      Michael A. Bryant, Deputy County Manager

 

 

Presentation:      Yes - presentation forthcoming                                             

 

 

BACKGROUND/JUSTIFICATION:

On May 10, 2021, the US Department of Treasury announced the launch of the Coronavirus State & Local Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial governments. Mecklenburg County received a direct allocation in the amount of $215 million from the US Department of Treasury.

 

 

PROCUREMENT BACKGROUND:

N/A

 

 

POLICY IMPACT:

N/A

 

 

FISCAL IMPACT:

N/A