The U.S. Treasury announced Thursday that the previous Oct. 31 deadlines for cities to file their reports on expenditures of American Rescue Plan (ARP) funds will be extended into next year. For the state’s 26 metropolitan cities (find a list of those cities below), the Project and Expenditure Report is now due on Jan. 31, 2022. For the state’s 525 cities designated as non-entitlement units (NEUs) – which covers virtually all cities with a population under 50,000 – their first report to the U.S. Treasury is now due on April 30, 2022.
The extension of these deadlines provides cities with much-needed time to work through the details for reporting to the federal government. Additional reporting info is expected from the U.S. Treasury in the months ahead. Deadlines for spending have not changed with this announcement, and ARP funds are still not required to be obligated until Dec. 31, 2024, and spent by Dec. 31, 2026. With the state still deciding on the appropriation of its ARP funds, and the U.S. Treasury expected to update its current interim spending guidance in the coming months, there remains ample time for cities to plan for the expenditure of their funds.
More information from the U.S. Treasury can be found at www.Treasury.gov/SLFRPReporting. Please continue to visit this blog and our ARP website as we will be keeping it updated with new information as it becomes available. ARP-related questions can be directed to arp@nclm.org.
