Wayne County and city of Goldsboro officials are waiting to receive a decision from the state on whether the city will have to repay more than $6,000 in federal pandemic
A Soft Deadline For Hard Cash: American Rescue Plan Funds For North Carolina Municipalities - Finance and Banking mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
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First, the good news: every municipality in North Carolina is eligible to receive a large cash infusion, up to 75% of its budget, from the American Rescue Plan (ARP).
Now, the less than good news: all municipalities, other than a handful of metropolitan cities with populations over 50,000, should be working
May 18, 2021, or perhaps on a slightly later date. Metropolitan cities and other governments can apply directly on the U.S. Treasury portal.
Even though a municipality s governing body probably has not yet voted to affirmatively accept ARP funds, and even though plans for using these funds must still be made, and even though the rules are unclear and will probably change, each non-metropolitan municipality should work with NC PRO on this administrative contracting checklist to be sure it is prepared to receive the ARP funds.