As the December 31, 2024 obligation deadline for the American Rescue Plan Act’s (ARPA) State and Local Fiscal Recovery Funds (SLFRF) rapidly approaches, cities must act quickly to ensure compliance and maximize the impact of these critical resources. Municipalities are required to obligate all of their funds by the end of the year and will report these obligations to the Department of Treasury in January (quarterly reporters) or April (annual reporters) 2025. An “obligation” includes a signed contract, a purchasing agreement or an interagency agreement.
To support cities, towns and villages, the National League of Cities (NLC) has compiled its extensive library of ARPA-related resources to help municipalities obligate funds. Below is a roundup of our most recent and essential tools and guidance to help you navigate this critical deadline.
1. Countdown to the Obligation Deadline
In our latest blog post, we highlight the top five insights for local governments as they prepare to meet the SLFRF obligation deadline. From strategic planning tips to compliance considerations, this piece offers actionable advice for leaders at all levels.
National League of Cities
By: Dante Moreno
December 23, 2024