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72 counties eligible for $13.2 million from the Local Assistance and Tribal Consistency Fund

Treasury has launched the Local Assistance and Tribal Consistency Fund for all eligible recipients, including eligible Tribal governments and eligible revenue sharing counties.

The Fund is a general revenue enhancement program that provides additional assistance to eligible revenue sharing counties and eligible Tribal governments.

The American Rescue Plan appropriated $2 billion to Treasury across fiscal years 2022 and 2023 to provide payments to eligible revenue sharing counties and eligible Tribal governments for use on any governmental purpose except for a lobbying activity. Specifically, the American Rescue Plan reserves $250 million to allocate and pay to eligible Tribal governments for each of fiscal years 2022 and 2023, and reserves $750 million to allocate and pay to eligible revenue sharing counties for each of fiscal years 2022 and 2023. Under this program, recipients have broad discretion on uses of funds, similar to the ways in which they may use funds generated from their own revenue sources.

According to Treasury, 72 Kentucky counties are eligible to receive a total of $13.2 million in allocations in FY22 and FY23. Most Kentucky counties are slated to receive $50,000 each year, but 25 counties (based on an allocation formula) are eligible to receive more, with some counties eligible to receive more than $250,000.  

See all county allocations HERE. 

Treasury expects to make two payments to eligible revenue sharing counties. The first payment will be available immediately and will be made to eligible revenue sharing counties on a rolling basis. Treasury expects to make the second payment after the start of calendar year 2023.

Recipients may request payment of their allocation through the Treasury Submission Portal. Eligible revenue sharing counties may log in to the Treasury Submission Portal to review their specific allocation under the program. Eligible revenue sharing counties will be required to complete payment information and sign program terms and conditions.

The application portal is now open.

Eligible revenue sharing counties must request funding by January 31, 2023 at 11:59 PM. If an eligible revenue sharing county does not complete its submission by that deadline, the eligible revenue sharing county will not be eligible for either the first or second payment under the LATCF. The first payment will be available immediately and will be made to eligible revenue sharing counties on a rolling basis. Treasury expects to make the second payment after the start of calendar year 2023.

Learn more about the Fund and apply HERE

 

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