American Rescue Plan funding update

The American Rescue Plan Act was passed by Congress and signed by the President in March 2021. The City of Bloomington was awarded $11.4 million in two parts. The City received the first half, $5.7 million, in June 2021. The second half is expected to be received in May 2022. The City Council and City staff are reviewing guidance from the U.S. Treasury Department on how the funds may be spent. The American Rescue Plan funding is generally understood to allow local governments to respond to the COVID-19 public health emergency and its economic impact. The City Council must decide how the funds will be spent by the end of 2024.