Eligible Uses - Revenue Replacement
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Revenue Replacement for Government Services Revenue Loss
Use funds to provide government services to the extent of the reduction
in revenue experienced due to the pandemic
General revenue includes revenue from taxes, current charges, and miscellaneous general
revenue. It excludes refunds and other correcting transactions, proceeds from issuance of debt
or the sale of investments, agency or private trust transactions, and revenue generated by
utilities and insurance trusts. General revenue also includes intergovernmental transfers
between state and local governments, but excludes intergovernmental transfers from the
Federal government, including Federal transfers made via a state to a locality pursuant to the
Coronavirus Relief Funds (CRF) or the Fiscal Recovery Funds.
Cities are permitted to calculate the extent of reduction in revenue as of four points in time:
Dec. 31, 2020; Dec. 31, 2021; Dec. 31, 2022; and Dec. 31, 2023. This approach recognizes that
some recipients may experience lagged effects of the pandemic on revenues. Upon receiving
Fiscal Recovery Fund payments, recipients may immediately calculate revenue loss for the
period ending Dec. 31, 2020.
