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American Rescue Plan: How much will the Valley receive?

[image] US Rep Tim Ryan

During a virtual press conference Thursday, US Rep. Tim Ryan announced an estimated $11.24 billion in funding to be allocated for Ohio from the recently passed American Rescue Plan Act, which is expected to be signed by President Biden today. 

Of that money, an estimated $5.9 billion will go to the state and $5.32 billion will go to local governments across the state. The funding is for state and local governments to respond to the on-going COVID-19 public health emergency to offset revenue losses, bolster economic recovery, provide premium pay for essential workers, and for local infrastructure improvements like water, sewer, and broadband.

“This package is a lifeline for our state and local governments to get through this crisis, and I’m confident it will give them a steady foundation to build on for years to come,” said Congressman Tim Ryan.

Ryan said the funding will also help to provide for vaccinations, and funds for unemployment, having a significant impact on hurting communities in the area and around the state.

Youngstown is receiving more than Trumbull and Mahoning counties combined. Ryan said this is an opportunity to help cities like Youngstown that have been gutted in prior funding needed for the city over the decades, and part of the package will help will pre-pandemic and post-pandemic needs. 

Ryan said the exact parameters of how the money can be spent will need a conversation with communities to see how best to use the funding, on growing the region to improve them including such things as the  Voltage Valley concept and other entities.

The funding can not be used to offset tax cuts or pensions and must be spent by end of 2024.

Local county, cities, and communities estimated American Rescue Plan Act funding:

Mahoning County: $44,350,000
Portage County: $31,510,000
Stark County: $71, 880,000
Summit County: $104,930,000
Trumbull County: $38,400,000
Columbiana: $19,760,000

Mercer Co. Pa: $7,985,056 (Source: National Assn. of Counties)

Warren: $29,750,000
Youngstown: $88,630,000
Newton Falls village: $880,000
Craig Beach village: $220,000
Lordstown village: $640,000
Niles city: $3,560,000
McDonald village: $600,000
Girard city: $1,810,000
Hubbard city: $1,450,000
Yankee Lake village: $10,000
Campbell city: $1,530,000
Struthers city: $1,980,000
Lowellville village: $210,000
Poland village: $470,000
Cortland city: $1,300,000

Other regional communities:

Akron: $153,370,000
Alliance: $15,560,000
Barberton: $16,390,000
Cuyahoga Falls: $16,740,000
Kent: $7,570,000
Peninsula village: $110,000
Tallmadge city: $3,430,000
Streetsboro city: $3,230,000
Ravenna city: $2,230,000
Windham village: $430,000
Limaville village: $30,000
Portage County: $31,510,000
Stark County: $71, 880,000
Summit County: $104,930,000

Funding for county governments is in addition to funding for city and other town governments. Additional funds for townships will be determined at a later date by the U.S. Department of Treasury.  

Under this legislation, local governments will receive two allocations - the first half 60 days after enactment of the legislation - and the other half one year later.

The American Rescue Plan will provide a total of $350 billion to states, territories, tribes, and local governments to be used for responding to the COVID-19 public health emergency.

 

 


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