DeSoto City Council Discusses Potential Uses of $7.3 Million for COVID-19 Recovery
DeSoto City Council Reviews How To Spend Funds From American Rescue Plan Act of 2021
DESOTO – Tuesday night’s DeSoto City Council meeting saw a discussion about $7.3 million dollars recently received by the city. The money is a direct allocation from the US Treasury based on an allotment formula for cities with a population over 50,000.
The amount is part of a $1.9 trillion act, American Rescue Plan Act of 2021, signed into law on March 11, 2021. That amount designated an allocation of $360 billion, which has been reserved for state and local aid to mitigate the fiscal effects stemming from the public health emergency known as COVID-19.