Join NACo on Monday, January 10, at 1 p.m. EST for an overview of the Treasury's Final Rule for the Recovery Fund, and key highlights for counties.
Since the Recovery Fund was established, NACo has worked closely with Treasury to ensure county recommendations and priorities are included in the Final Rule. The Final Rule provides the following changes and new flexibility:
- Allows counties to use up to $10 million in ARPA Recovery Funds for the provision of government services without having to go through a complicated “revenue loss” calculation. NACo aggressively advocated for this concept to be included in the Final Rule, which was a significant part in the bipartisan State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act (S. 3011/H.R. 5735)
- Allows Recovery Funds to be used for the modernization of cybersecurity for existing and new broadband infrastructure, including the modernization of hardware and software
- Expands eligible uses for water and sewer projects to include culvert repair, dam and reservoir rehabilitation and stormwater infrastructure, among others
- Clarifies how counties can use Recovery Funds for certain capital expenditures to respond to public health and economic impacts
- Streamlines options to provide premium pay by broadening the share of eligible workers