Which of the following proposed transactions require that the local government or public authority first seek approval from the State’s Local Government Commission (LGC)? 1. The Town of Blowing Rocks borrows $1 million from a local credit union to make … Continued

NOTE: This blog has been updated to reflect current events and General Statute citations. The majority of the blog text is attributable to Norma Houston. Updates have been provided by Kate Van Tol. As Ian approaches the Carolina’s and we … Continued

As detailed in previous posts, the American Rescue Plan Act of 2021 Coronavirus State and Local Fiscal Recovery Funds (ARP/CSLFRF) allows local governments to spend their allocations on eligible projects within four major expenditure groupings: Addressing the COVID-19 public health … Continued

As detailed in previous posts, NC local governments are receiving significant funding from the federal American Rescue Plan Act Coronavirus State and Local Fiscal Recovery Funds program (ARP/CSLFRF). The availability of these funds presents many opportunities but also poses challenges … Continued

UPDATED August 2022: On July 27, 2022, US Treasury amended its Final Rule FAQs to exempt expenditures in the Revenue Replacement category from some Uniform Guidance provisions. Those changes are reflected in the updated post below.  Many NC local governments, … Continued

As detailed in previous posts, the American Rescue Plan Act of 2021 Coronavirus State and Local Fiscal Recovery Fund (ARP/CSLFRF) provides funding for North Carolina counties and municipalities. There are four main authorized expenditure categories: (1) Responding to the pandemic … Continued

What is the Standard Allowance? The Final Rule implementing the ARP/CSLFRF authorizes 4 main expenditure categories: Addressing the COVID-19 public health emergency and its negative economic impacts: authorizing projects that address the ongoing pandemic or its negative economic impacts on … Continued

US Treasury issued the Final Rule of the Coronavirus State and Local Fiscal Recovery Fund program of the American Rescue Plan Act of 2021 (ARP/CSLFRF) in January 2022. With more complete information, local government officials are now looking to finalize (at least … Continued

The Coronavirus State and Local Fiscal Recovery Funds program of the American Rescue Plan Act of 2021 (ARP/CSLFRF) provides funding to all NC counties and municipalities to address pandemic-related and essential infrastructure needs. One of the eligible expenditure categories of … Continued

US Treasury issued the Final Rule implementing the Coronavirus State and Local Fiscal Recovery Fund program of the American Rescue Plan Act of 2021 (ARP/CSLFRF) on January 6, 2022. There are several significant changes from the Interim Final Rule (IFR), … Continued