PA Treasury Processes ARP Distributions

Pennsylvania Treasurer Stacy Garrity announced that the third batch of payments under the American Rescue Plan has been sent to 619 municipalities that applied for the funding through the state Department of Community and Economic Development. To date payments have been made to 1,752 municipalities for $421 million. Click here for more from Treasury.  

As a reminder, DCED recommends using 352.53 or 352.530, Federal Entitlements to Governmental Units, from the Chart of Accounts to record this new revenue source.