Details Outlined for Mobile County’s $80 Million

The Mobile County Commission was recently told by PFM Group that the $80 million it is receiving within a year from the American Rescue Plan Act cannot be used to offset tax cuts or put into pensions, Call News reported. The recovery funds are to be used to respond to public health emergencies or their negative economic impacts, including assistance to households, small businesses and nonprofits; aid affected industries such as tourism, travel and hospitality; pay public health workers performing essential functions; provide government services curtailed due to a loss of revenue; and make necessary investments in water, sewer and broadband infrastructure. Funding for various projects must end by December 31, 2024, and be completed two years later. The funds cannot be used to offset a reduction in the net tax revenue of a state or territory resulting from a change in law, regulation or administrative interpretation, and cannot be deposited into any pension fund.