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.
2. Frequently Asked Questions
Our comprehensive FAQ document addresses key questions about the SLFRF obligation deadline, providing clarity on reporting requirements, eligible uses and common challenges faced by municipalities.
3. ARPA Investment Tracker
The Local Government ARPA Investment Tracker allows you to explore how SLFRF funds are being used across the country, offering inspiration and insights for your own projects.
4. Listening Session with Treasury
NLC’s listening session with the Department of Treasury and the National Association of Counties dives into what local governments need to know about the December 31, 2024, obligation deadline, discusses frequently asked questions, clarifies what an obligation is and details exactly what municipalities need to complete for the obligation deadline.
5. Best Practices for Obligation
This webinar shared best practices from the Department of Treasury and a large and small-sized city, offering actionable insights for municipalities working to meet the SLFRF deadline.
These resources will help ensure that your municipality is prepared to meet the deadline while driving meaningful outcomes for residents. Visit NLC.org for more insights and updates.
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