Table 2

Revenue replacement expenditures by SLFRF reporting category

SLFRF reporting category  Share of total allocation spent on revenue replacement 
Cities and counties with a population over 250,000  55% 
Cities and counties with a population under 250,000 who received $10 million or more in fiscal recovery funds  52% 
Cities and counties that received less than $10 million in fiscal recovery funds  92% 
Economic Policy Institute

Source: EPI analysis of U.S. Treasury Department data (Treasury 2025).

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