NEW Treasury Updates ARP FAQs
Yesterday, the U.S. Treasury Department updated its Frequently Asked Questions (FAQs) document on the American Rescue Plan funds. Newly added questions are clearly marked and include clarifications about calculating revenue loss; costs incurred by households and businesses prior to March 3, 2021; eligible water, sewer, or broadband projects; use of lost revenues for general government purposes; and use of funds for consultants.
Expect regular updates as we move forward. Click here to view the FAQ document.