On May 25, the Treasury Department released guidance for Non-Entitlement Units (NEU) of governments regarding funds received from the Coronavirus Local Fiscal Recovery Fund. As defined in section 603(g)(5) of the Social Security Act, NEUs are jurisdictions typically serving less than 50,000 constituents. The guidance outlines the step-by-step process required of states to receive funds, qualifications for identifying NEUs, allocation calculations and more.
Resources from the Treasury Department can be found below:
GFOA’s Federal Liaison Center will continue to monitor guidance released by the federal government.