It is no surprise that with the contracted economy in 2020 and 2021 that state and local revenues fell. In a September 2020 report, the Brookings Institution projected that state and local government revenues would decline by $155 billion in 2020 and $167 billion in...
The U.S. Department of the Treasury (Treasury Department) is responsible for administering over $1 trillion of American Rescue Plan (2021) funds and established the Office of Recovery Programs to serve as “one point of entry for grantees.” According to a fact sheet...
