Town of Potsdam set to receive $501,234 in American Rescue Act funds
BY ADAM ATKINSON
North Country This Week
POTSDAM — The town has received a notice from the NYS Division of the Budget, that American Rescue Act funds from the federal government available to the town are expected to total $501,234.
Town Supervisor Ann Carvill told the town board at its July 13th meeting that half of that is expected this summer and the other half next summer.The board briefly discussed what the funds could be used for. The money, which comes from the most massive federal spending package in American history, passed by the Biden Administration, is part of a funnel of tax dollars to municipalities and individuals across the nation to help with costs associated with the pandemic.
Carvill told the board that a meeting should be scheduled to discuss the allowed uses for the money. She said the funding can make up revenue shortfalls for municipalities, and other uses might be better broadband infrastructure, or water and sewer projects.
“I think we need to find out more about what we are allowed to use it for,” she said. “But, that was good news, it was more than we estimated that we would get.”