The American Rescue Plan Act (ARPA) represents an unprecedented financial stimulus for Colorado at all levels of government.
Signed into law in March, the coronavirus relief bill funds myriad health and economic priorities. The Colorado Health Institute (CHI) has created this financial map to track the funding as it moves from Washington to Colorado and throughout the state. The map tracks some $9.7 billion in federal funding for the state and its political subdivisions.
This map includes only funding from ARPA. It excludes previous stimulus legislation related to the coronavirus pandemic. The map tracks funding only for government entities, institutions such as school districts and colleges, and health care providers. It does not include payments to individuals or non-health care businesses, such as stimulus payments, unemployment benefits, Affordable Care Act insurance subsidies, and Paycheck Protection Program loans.
The purpose of this map is to identify stimulus funding for which state or local policy decisions must be made. For example, the Loveland City Council must decide how to spend its $9.5 million in ARPA money, and Pikes Peak Community College has $13.8 million to put toward its institutional priorities.
The largest sum is the $3.8 billion stimulus under the purview of the Colorado state legislature. But CHI has identified an additional $6.1 billion that is earmarked for other entities in the state and bypasses the legislature.
This financial map traces the money sent from federal agencies to receiving agencies in Colorado. A later iteration will trace where funds flow from those receiving agencies. Most decisions about the funds’ ultimate use have not been made yet as of early July.