Provided below are issue-specific toolkits developed by Missouri state agencies for local governments to use in considering investments for their communities with American Rescue Plan Act (“ARPA”) local fiscal recovery funding.
These ideas have been drawn directly from available guidance from the U.S. Department of Treasury. A complete listing of current guidance is available on the U.S. Department of Treasury’s website. Please be sure to check the Treasury’s website frequently to stay up to date on current guidance and funding requirements. Please also note the U.S. Department of Treasury has specific compliance and reporting requirements associated with the use of ARPA fiscal recovery funds. For more information, please refer directly to the U.S. Department of Treasury’s website.
Resources
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U.S. Department of Treasury’s website on Coronavirus State and Local Fiscal Recovery Funds (including ARPA funding): https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/state-and-local-fiscal-recovery-funds
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Interim Final Rule (May 17, 2021): https://www.govinfo.gov/content/pkg/FR-2021-05-17/pdf/2021-10283.pdf (to be codified at 31 C.F.R., part 35)
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FAQ from the U.S. Department of Treasury (as of 7/19/21): https://home.treasury.gov/system/files/136/SLFRPFAQ.pdf
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Compliance and reporting information (required for use of ARPA funds): https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/state-and-local-fiscal-recovery-funds/recipient-compliance-and-reporting-responsibilities
Disclaimer: The U.S. Department of Treasury has not published the Final Rule on the State and Local Fiscal Recovery Funds. Information shared in this toolkit is subject to change pending final rulemaking and subsequent guidance and/or FAQs published by Treasury.