Earlier this month, the U.S. Department of the Treasury issued a Final Rule for the State and Local Fiscal Recovery Funds (SLFRF) program, enacted as a part of the American Rescue Plan (ARPA). The Final Rule significantly broadens potential eligible uses of the Local Fiscal Recovery Funds and simplifies federal guidelines for determining eligibility. As a result, MMA’s Legal Services Department has substantially revised its guidance for municipalities on this topic.
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