Sarasota County, Florida Notes to the Schedule of Expenditures of Federal Awards and State Financial Assistance September 30, 2022 5. COVID-19 Coronavirus State and Local Fiscal Recovery Funds (21.027) On March 11, 2021, the American Rescue Plan Act (ARPA) was signed into law by the President. Section 9901 of ARPA amended Title VI of the Social Security Act to add Section 602, which establishes the Coronavirus State Fiscal Recovery Fund (CSFRF). It also added Section 603, the Coronavirus Local Fiscal Recovery Fund (CLFRF). Sarasota County, as with every county, metropolitan city, and nonentitlement units of governments, is an eligible recipient of CLFRF funding. The funding is administered by the U.S. Treasury. On May 10, 2021, the U.S. Treasury released its Interim Final Rule (IFR), FAQ sheet, and other summary guidance along with the allocations for each unit of government. According to the ARPA and Treasury’s IFR, there are 4 broad categories of eligible uses: public health and economic impacts, investments in infrastructure (water, sewer, and broadband), revenue loss, and premium pay. On December 7, 2021, the Sarasota County Board of County Commissioners determined allocation of the CLFRF funding. This allocation was not determined in time to reflect expenses on the fiscal year 2021 Schedule of Expenditures of Federal Awards and State Projects (SEFA) reporting. Therefore $2,455,175 of fiscal year 2021 expenditures that were not reported are included in fiscal year 2022 SEFA report. 393
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