American Rescue Plan brings $200 million to Vermont towns

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American Rescue Plan brings $200 million to Vermont towns

Thu, 05/06/2021 - 5:33pm -- tim

Public Assets Institute The American Rescue Plan Act (ARPA), passed in March 2021, earmarked $76.6 million for Vermont’s local governments. In the second half of June, the federal treasury will distribute funds to towns that have completed the pre-award requirements.

Towns can spend the federal funds through the end of 2024 to help pay for government services; direct assistance to households, small businesses, and non-profits for COVID-related costs; premium pay to essential workers; and infrastructure investments.

The aid is being allocated based on town population—shown in the map below—with the exception of Burlington. Burlington’s funding is based on a formula for metropolitan areas, which includes the 220,000 people in Chittenden County and the surrounding counties of Franklin and Grand Isle.

ARPA designated another $121 million for Vermont counties. Because county government has a limited role in Vermont, these additional funds will be distributed to municipalities based on population, but the numbers have not been finalized yet. The map will be updated when these numbers are available.

https://publicassets.org