On March 11, 2021, the American Resue Plan Act (ARPA) was signed into law. Placer County is expected to receive a direct allocation of $77,370,739 under ARPA’s Coronavirus State and Local Fiscal Recovery Fund (Fiscal Recovery Fund).
The intention of the Fiscal Recovery Funds is to build on and expand support for the COVID-19 public health emergency provided previously through the CARES Act. The Fiscal Recovery Fund will provide aid to state, local, territorial, and tribal governments to help turn the tide on the pandemic, address its economic fallout, and lay the foundation for a strong and equitable recovery.
Eligible uses of Fiscal Recovery Funds include:
On July 21, 2021, the Placer County Board of Supervisors held a workshop to plan for the distribution of Fiscal Recovery Funds.
Based on public comment and board direction, the focus will be on the following eligible use categories:
On August 10, 2021 the Board approved more specific uses of funds within these eligible use categories.
The Final Rule released by the U.S. Department of the Treasury went into effect on April 1, 2022 and allows broader flexibility in the use of ARPA funds. One of the most significant changes is the ability to select a standard allowance for revenue loss of up to $10 million, which can be used for the provision of government services, with minimal restrictions and streamlined reporting requirements. Because of this, on May 24, 2022, the Board of Supervisors approved a modification to the use of funds approved in August. The currently planned distribution of funds is shown below: