On January 6, 2022, the U.S. Treasury Department released the Final Rule for the State and Local Coronavirus Fiscal Recovery Fund. The Final Rule which goes into effect April 1, 2022, allows for new flexibilities and simplifications on funding under the American Rescue Plan Act (ARPA). However, there are still complex requirements to ensure these funds are being spent properly.
We’ve prepared a downloadable resource on how the Elliott Davis team can help your organization’s understanding of the Final Rule. For more information, contact our Government Financial Services Team.