ARPA: Understanding Revenue Replacement Webinar
Many local governments don’t realize they qualify for revenue replacement and could be using their American Rescue Plan Act CSLFRF funds for expanded purposes. Are you one of them?
In this webinar, we’ll take a deep dive into the American Rescue Plan Act (ARPA) criteria for revenue replacement under the Coronavirus State and Local Fiscal Recovery Fund (CSLFRF). Revenue replacement is not just about whether revenues increased or decreased post-pandemic. We’ll work through a detailed example calculation and discuss the key variables that could make your local government eligible to utilize funds in accordance with the revenue replacement criteria—ultimately freeing up more unrestricted dollars to use for other general government purposes.