First installment of $409,568.05 to arrive next week
The Office off General
Treasurer Seth Magaziner will
begin disbursing federal stimulus funds to cities and
towns by the end of this month. 
NO Republican members of Congress voted in favor of the
American Rescue Plan
The funds are part of the federally-passed American Rescue Plan Act, which aims to help states and municipalities recover from the economic and health effects of the COVID-19 pandemic.
“With these stimulus funds, Rhode Island has an opportunity to spur a broad-based economic recovery for all Rhode Islanders,” said General Treasurer Seth Magaziner. “Rhode Island cities and towns can use this funding for a variety of purposes, including supporting small businesses, helping students make up for learning loss, upgrading infrastructure and improving public health systems.”
Rhode Island cities and towns will receive over $540 million in
American Rescue Plan stimulus funds, $260 million of which will be
delivered by the General Treasurer’s Office. The funding will be issued in
several tranches as Federal funding is received. The first tranche is currently
scheduled to be distributed on June 29. For a full
breakdown of stimulus amounts to be received by each municipality, see
below:
