Americaâs states and cities are receiving $350 billion from Washington, an unprecedented move to head off a fiscal crisis that could have derailed the economic recovery.
But at least two dozen local governments and lobbying groups are pushing President Joe Bidenâs administration to allow the federal funds to be used for something the Treasury Department hadnât envisioned: paying down debt or socking it away.
Among them is Oceanside, a 176,000-person city on the Southern California coast. Michael Gossman, assistant city manager, wants to be able to use the federal aid to replenish reserves drawn down last year so the city could increase services for the homeless and deliver meals to the elderly during the pandemic.
Americaâs states and cities are receiving $350 billion from Washington, an unprecedented move to head off a fiscal crisis that could have derailed the economic recovery.
But at least two dozen local governments and lobbying groups are pushing President Joe Bidenâs administration to allow the federal funds to be used for something the Treasury Department hadnât envisioned: paying down debt or socking it away.
Among them is Oceanside, a 176,000-person city on the Southern California coast. Michael Gossman, assistant city manager, wants to be able to use the federal aid to replenish reserves drawn down last year so the city could increase services for the homeless and deliver meals to the elderly during the pandemic.
Advocates for an increase in homes that Philadelphians can afford have been able to count on two truths: The city doesn’t have nearly enough affordable housing, and securing city funding to create more will be a battle.But under a bill City Council is considering, about $25 million automatically would pass through the budget into the Housing Trust Fund, which would at least address the latter .
Panel Explores City Budgeting Priorities Amid Continued Economic Uncertainty pewtrusts.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pewtrusts.org Daily Mail and Mail on Sunday newspapers.