Second Tranche of American Rescue Plan Funds Should Be by End of Month
Watch your accounts for a deposit of your second tranche of the American Rescue Plan funds, which is expected by the end of the month from State Treasurer Stacy Garrity. It is expected that this amount will be slightly higher than your first distribution due to a small redistribution of funds from municipalities that declined these funds in 2022. Depending on the requested release date from DCED, there may be one or 2 deposits. State budgeteers may delay the larger payment until after June 30 to show a larger year-end balance for the Commonwealth.