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    How Columbus allocated its COVID recovery act funds (and what’s left)

    By Zachary Jarrell | Columbus Business First,

    16 hours ago

    https://img.particlenews.com/image.php?url=1vlory_0w9c7Sgj00

    COLUMBUS, Ohio ( COLUMBUS BUSINESS FIRST ) — The city of Columbus received just over $187 million in State and Local Fiscal Recovery Funds from the American Rescue Plan Act – and the vast majority has already been spent.

    Revenue replacement, which can be used for any government service, made up some 55% of the COVID relief funds spent by the city. According to the City of Columbus Recovery Plan 2024 Report, $87 million of the $103 million budgeted under the revenue replacement category has been allocated – leaving around $16 million.

    That number makes up the lion’s share of the roughly $25.6 million the city has remaining across several funds.

    For more on this story, go to ColumbusBusinessFirst.com .

    Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to NBC4 WCMH-TV.

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