SarasotaClerk.com 17 Description: On March 11, 2021, the president signed the American Rescue Plan Act (ARPA) into law. The Coronavirus State & Local Fiscal Recovery Fund (SLFRF) was established under ARPA and Sarasota County, along with every county, metropolitan city, and non‑entitlement units of governments, is an eligible recipient of SLFRF funding as administered by the U.S. Treasury. Sarasota County is expected to receive a total of $84,249,299 in SLFRF for eligible uses. Uses and Restrictions: According to the U.S. Treasury, SLFRF is intended to provide more general fiscal relief over a broader timeline. To support the general fiscal relief nature of these funds, the ARPA identified four broad uses: Public Health and Economic Impacts: Measures taken to continue to respond to COVID‑19 and address the negative economic impacts of the virus. Investments in Infrastructure: Meeting the critical needs for investments and improvements to existing infrastructure in water, sewer and broadband. Revenue Loss: Provision of general government services to the extent of the reduction in revenue experience caused by the COVID‑19 public health emergency. Premium Pay: Provision of premium pay to eligible workers performing essential work during the COVID‑19 public health emergency. To enact these ARPA funding uses by recipients, a full list of non‑exhaustive examples and additional eligibility criteria can be located within the U.S. Treasury Interim Final Rule and associated Frequently Asked Questions, both of which are available on the U.S. Treasury website. SLFRF recipients must commit costs toward project(s) and/or program(s) by Dec. 31, 2024 and must fully expend funds on the identified project(s) and/or program(s) by Dec. 31, 2026. Any funds not committed by Dec. 31, 2024 and not expended to cover such obligations by Dec. 31, 2026 will be returned to the U.S. Treasury. Eligible recipients with a population that exceeds 250,000 residents are required to prepare and submit an annual Recovery Plan Performance Report. This Report will provide the public and the U.S. Treasury information on the projects that recipients are undertaking with program funding and how they are planning to ensure project outcomes are achieved in an effective, efficient and equitable manner. Further, recipients are required to post this plan on a public‑facing website. 2023 REVENUE Sunset from Longboat Key
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