The federal government will release the Fiscal Recovery Funds in two disbursements, with the first disbursement beginning in May 2021 and the final disbursement available one year later in 2022. The State of South Carolina is slated to receive an allocation of $2,499,067,328.50. And, as shown on the charts below, all 46 South Carolina counties and South Carolina "metropolitan cities," as defined in the Housing and Community Development Act of 1974, will receive a direct allocation of Fiscal Recovery Funds:
Fiscal Recovery Fund
Allocations
by South Carolina Counties
|
|
Abbeville County | $4,764,082 |
Aiken County | $33,189,883 |
Allendale County | $1,687,542 |
Anderson County | $39,344,517 |
Bamberg County | $2,732,156 |
Barnwell County | $4,052,976 |
Beaufort County | $37,317,446 |
Berkeley County | $44,268,263 |
Calhoun County | $2,826,750 |
Charleston County | $79,910,793 |
Cherokee County | $11,129,853 |
Chester County | $6,263,019 |
Chesterfield County | $8,866,977 |
Clarendon County | $6,554,571 |
Colleton County | $7,318,316 |
Darlington County | $12,939,766 |
Dillon County | $5,920,188 |
Dorchester County | $31,623,740 |
Edgefield County | $5,294,935 |
Fairfield County | $4,340,643 |
Florence County | $26,861,79 |
Georgetown County | $12,174,855 |
Greenville County | $101,691,896 |
Greenwood County | $13,754,207 |
Hampton County | $3,733,648 |
Horry County | $68,776,083 |
Jasper County | $5,841,328 |
Kershaw County | $12,926,752 |
Lancaster County | $19,037,682 |
Laurens County | $13,109,724 |
Lee County | $3,268,642 |
Lexington County | $58,028,685 |
Marion County | $5,954,763 |
Marlboro County | $5,073,115 |
McCormick County | $1,838,077 |
Newberry County | $7,466,519 |
Oconee County | $15,450,878 |
Orangeburg County | $16,738,484 |
Pickens County | $24,645,730 |
Richland County | $80,756,312 |
Saluda County | $3,976,640 |
Spartanburg County | $62,114,487 |
Sumter County | $20,729,303 |
Union County | $5,305,813 |
Williamsburg County | $5,898,628 |
York County | $54,576,877 |
Fiscal Recovery Fund
Allocations by South Carolina Metropolitan Cities and Towns |
|
Aiken | $4,312,468 |
Anderson | $14,507,668 |
Bluffton | $1,982,471 |
Charleston | $21,092,855 |
Columbia | $27,178,358 |
Conway | $4,365,105 |
Florence | $7,943,151 |
Greenville | $17,908,547 |
Hilton Head Island | $5,227,178 |
Mount Pleasant | $7,428,213 |
Myrtle Beach | $7,920,696 |
North Charleston | $24,317,215 |
North Myrtle Beach | $1,954,643 |
Rock Hill | $13,179,656 |
Spartanburg | $16,480,273 |
Summerville | $7,796,973 |
Sumter | $7,565,586 |
The above listed local governments must request disbursement
through the federal government's online portal available here.
Other smaller South Carolina cities and towns, generally with
populations of less than 50,000, will likewise receive an
allocation from the Fiscal Recovery Funds. Current plans call for
the federal government to release an additional $435,125,080 to the
State of South Carolina for disbursement to the cities and towns.
More information on those indirect allocations will be released
later by the federal government and South Carolina state
government. Read more about funding for smaller local governments
here.
The Interim Final Rule released by the U.S. Department of Treasury
on May 10, 2021 provides that Fiscal Recovery Funds must be
used:
- To respond to the public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality;
- To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible workers;
- For the provision of government services to the extent of the reduction in revenue due to the COVID–19 public health emergency relative to revenues collected in the most recent full fiscal year prior to the emergency; and
- To make necessary investments in water, sewer, or broadband infrastructure.
The federal government has placed a significant importance on local reporting and publishing information on the use of Fiscal Recovery Funds in local communities and encourages local governments to engage their community partners and citizens in identifying a plan of action for the federal funds.
What can eligible state and local governments do now?
- Review the Interim Final Rule on the Fiscal Recovery Funds here
- Review the Frequently Asked Questions publications to help with identifying local needs and eligible expenditures
- Review the federal Quick Reference Guide here
- Review the federal Fact Sheet here
- Identify projected revenue shortfalls that may affect ongoing government operations in the current or upcoming fiscal year
- Engage local communities, partners and citizens to develop a plan for the Fiscal Recovery Funds
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.