The time to use funding from the American Rescue Plan is running out. It expires in 2026 and needs to be committed by the end of this calendar year. In 2023, a debt ceiling deal included the return of $27 billion in emergency COVID funding from federal entities. This move also opened the door to discussion of clawing back the unspent emergency funding distributed to smaller municipalities.

With all these ticking clocks in play, government entities in the Greater Peoria area are working to put a bow on their final plans for ARPA spending.

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