Signed into law on March 11, 2021, The American Rescue Plan Act of 2021 ("ARPA") provides $350 billion in additional funding for state and local governments.
Wichita Falls received two allotments:
May 2021 - $14,545,825
May 2022 - $14,585,825
Total Entitlement - $29,091,650
Eligible uses of the funds:
Revenue replacement for the provision of government services to the extent of the reduction in revenue due to the COVID-19 public health emergency, relative to revenues collected in the most recent fiscal year prior to the emergency,
COVID-19 expenditures or negative economic impacts of COVID-19, including assistance to small businesses, households, and hard-hit industries, and economic recovery,
Premium pay for essential workers,
Investments in water, sewer, and broadband infrastructure.
ARPA Presentation - CFO/Director of Finance Jessica Williams