Coronavirus State Fiscal Recovery Fund

Overview

On March 11, 2021, the American Rescue Plan Act (ARPA) was passed by Congress and signed into law. This act established the Coronavirus State Fiscal Recovery Fund (CSFRF) and Coronavirus Local Fiscal Recovery Fund (CLFRF) which, combined, appropriated $350 billion to provide payments to states and certain local governments; the District of Columbia and U.S. Territories and Tribal governments to assist with recovery and to continue navigating the impact of the COVID-19 outbreak. Nevada received approximately $2.739 billion in CSFRF assistance to help Nevadans. The Governor's Finance Office is responsible for the administration of the CSFRF.

Nevada’s Share of the Fiscal Recovery Funds

The Department of Treasury appropriated approximately $4.22 billion to Nevada from the Coronavirus State & Local Fiscal Recovery Fund. A portion of the State’s total allotment was reserved for Nevada counties and local governments that have a population in excess of 50,000. As a result, approximately $1.04 billion is to be paid directly to counties and approximately $292 million is to be paid directly to Nevada’s metropolitan cities (Carson City, Henderson, Las Vegas, North Las Vegas, Reno and Sparks). Nevada cities with populations of 50,000 or less (referred to as non-entitlement units of local governments or NEUs) are to receive a total maximum allocation of $150.7 million, which is appropriated to the State of Nevada and paid to NEUs. The State of Nevada’s portion of the CSFRF is $2.739 billion of which over $771.75 million was allocated through the 81st Session of the Nevada Legislature.

Allowable Uses of the CSLFRF

Regardless of whether funds were paid through the CLFRF or the CSFRF, the ARPA requires that the payments from the Fund only be used to cover expenses that:
    (1) Respond to the COVID-19 public health emergency or its negative economic impacts;
    (2) Respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to such eligible workers of the recipient, or by providing grants to eligible employers that have eligible workers who performed essential work;
    (3) For the provision of government services, to the extent of the reduction in revenue of such recipient due to the COVID-19 public health emergency, relative to revenues collected in the most recent full fiscal year of the recipient prior to the emergency; or
    (4) To make necessary investments in water, sewer or broadband infrastructure.

Treasury's Interim Final Rule details recipients' compliance responsibilities and provides additional information on eligible and restricted uses of CSLFRF award funds and reporting requirements. Any Nevada government or recipient of funds should review and comply with the information contained in Treasury's Interim Final Rule, and any subsequent final rule, when building appropriate controls for CSLFRF award funds. Compliance and eligibility guidance must be strictly adhered to. The following documents provide specific guidance:

• Interim Final Rule (05/17/2021)
• CSLFRF Frequently Asked Questions (07/19/2021)
• Compliance and Reporting Guidance (06/24/2021)

Request Payment from the CLFRF – Non-Entitlement Units of Local Governments (NEUs)

Certain designated cities in Nevada that that have a population of less than 50,000 (those listed on the Treasury document "Allocation for Non-entitlement Units” https://home.treasury.gov/system/files/136/List_of_Local_Governments.xlsx already received notice and the first initial tranche payment of CLFRF as directed by the Treasury from the State of Nevada Governor’s Finance Office. Submittal packets were sent out on July 1, 2021 and payments were made to NEUs on July 15 & 16, 2021.

Request Payment from the CSFRF- State Agencies

Any Nevada State agency that wishes to request funding from the CSFRF should refer to the Every Nevadan Recovery Framework and submit the request via the form for Nevada Executive Branch Agencies (see page 7 of the document). Requests will be reviewed along with other submissions by agencies, community leaders, businesses, public servants, labor and residents of Nevada.

Questions or Comments

Inquiries or comments regarding the process to request payments from the Coronavirus State Fiscal Recovery Fund can be directed to covid19@finance.nv.gov.