Final Distribution of ARP Money Next Week
On Tuesday, August 17, State Treasurer Stacey Garrity will process the final round of funding to municipalities that made application for ARP dollars. After that date, Treasury and DCED will reallocate the remaining dollars that were not applied for, which total less than 1 million dollars. Before the end of August, a smaller supplemental deposit will be issued to each municipality that DID make application. Watch for this direct deposit as it will likely be small, unannounced and may easily be mistaken as an interest payment and missed.