In order to meet a federal COVID-19 relief funding deadline by the end of the year, Leelanau Township is starting discussions of how they can best repurpose American Rescue Plan Act (ARPA) funds in the months ahead.
According to the Michigan Township Association, townships have until Dec. 31 to obligate their allocation of federal ARPA funds, however, the funds must be fully spent by Dec. 31 2026. If funds are not obligated or spent by these deadlines, they will have to be returned to the U.S. Treasury.
The board was also informed about the fast approaching deadline during its 2023-2024 audit presentation last month, where the township’s auditor, Michael Cool, UHY Advisors managing director, addressed the “liability” and leftover ARPA revenue of $140,000 noted as of March 31. The ARPA funds are considered “unearned revenue,” and Cool suggested that the board take action on project priorities before the end of the year.
