The Pew Charitable Trusts: 3 ways states used federal COVID-19 funds 💰

 

The Ledger | State Fiscal Resources

The 3 Ways States Used Federal COVID-19 Aid States, territories, localities, and Tribes received $350 billion in pandemic aid. How much of that went to one-time expenses—such as infrastructure—versus recurring costs like salaries? What about direct COVID responses? SEE MAP, CHARTS

Federal Pandemic Child Care Dollars Are Expiring More than 80% of U.S. child care centers received one-time federal COVID-19 aid. As those funds expire, child care centers may need to raise fees or pull back operations. States may also see billions less in economic activity. STATE RESPONSES QUOTE OF NOTE The big questions for states that do have [short-term fiscal] problems … [are]:  Do we want to use our reserves. Do we want to cut spending? Do we want to increase revenue? Our Josh Goodman in The Washington Times

RELATED RESOURCES Can States Afford Their Recent Tax Cuts? TAX FOUNDATION Philadelphia's Post-ARPA Fiscal Reality

FACT OF THE MATTER More than $5 trillion The value of assets that state and local public pension fund trustees manage nationwide. How to ensure public pension fund transparency IN THE MEDIA Where Do States Stash the Cash in Their Rainy-Day Funds? GOVERNING Billions in Earmarks Headed to States and Cities ROUTE FIFTY Track Opioid Settlement Payouts—to the Cent—in Your Community KFF HEALTH NEWS States' Challenges to Federal SALT Deduction Cap Thrown Out BLOOMBERG TAX

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