How Much Eagan Will Get From $350B American Rescue Plan

Eagan MN

11 May, 2021

4:31 PM

Description

EAGAN, MN— The U.S. Department of Treasury on Monday released a breakdown of what kind of financial help communities can expect from the $350 billion Coronavirus State and Local Fiscal Recovery Funds. Eagan is set to receive $6,917,343 and is among 21 Minnesota municipalities allocated financial support through the support program. "As we learn what the rules and regulations are around the American Rescue Plan funding, we will establish a plan to leverage it to support our community and help us turn the corner as quickly as possible," City Administrator Dave Osberg said in a statement. "The Eagan City Council will deliberate with staff, and provide guidance on how Eagan will leverage the funding." The emergency funding for local governments was established by the American Rescue Plan Act of 2021. The funds are meant to be used to respond to acute pandemic-response needs, fill revenue shortfalls among state and local governments, and support the communities and populations hardest-hit by the COVID-19 crisis, according to the Treasury. "With this funding, communities hit hard by COVID-19 will be able to return to a semblance of normalcy; they'll be able to rehire teachers, firefighters and other essential workers – and to help small businesses reopen safely," said Treasury Secretary Janet Yellen in a statement. During the Great Recession of 2007-2009, when cities and states were facing similar revenue shortfalls, the federal government didn't provide enough aid to close the gap, Yellen said. In addition to allowing for flexible spending up to the level of their revenue loss, the Treasury states, recipients can use funds to: Support public health expenditures, by funding COVID-19 mitigation efforts, medical expenses, behavioral health care, mental health and substance misuse treatment, and certain public health and safety personnel responding to the crisisAddress negative economic impacts caused by the public health emergency, including by rehiring public sector workers, providing aid to households facing food, housing or other financial insecurity, offering small business assistance, and extending support for industries hardest hit by the crisisAid the communities and populations hardest hit by the crisis, supporting an equitable recovery by addressing not only the immediate harms of the pandemic, but its exacerbation of longstanding public health, economic and educational disparitiesProvide premium pay for essential workers, offering additional support to those who have borne and will bear the greatest health risks because of their service during the pandemicInvest in water, sewer and broadband infrastructure, improving access to clean drinking water, supporting vital wastewater and stormwater infrastructure, and expanding access to broadband internet Jenna Fisher from MA Patch contributed to this report.