Oak Park creating options for $38.9M from American Rescue System

Oak Park has received its initial $19 million payment by the federal American Rescue Plan, according to Village President Vicki Scaman. Through the system, Oak Park will obtain a total of $38.9 million, break up in two payments selected for use in spurring economic restoration in light-weight of the financial injury induced by COVID-19.

“The very first section of it is going to paying out again the village for all the expenses of services in the course of COVID – time beyond regulation, firemen, barricades, costs of furnishing vaccination websites, all of that things,” Scaman explained to Wednesday Journal.

President Joseph Biden signed the stimulus bill, value a total of $1.9 trillion, back in March. Funds will have to be spent according to the plan’s guidelines, which demands municipalities to have the money committed for shelling out by 2024 and spent in complete by 2026.