TREASDirect PaymentOtherFebruary 23, 2026

PURPOSE: RECIPIENTS OF THE STATE AND LOCAL FISCAL RECOVERY FUNDS (SLFRF) PROGRAM WILL DESIGNATE FINANCIAL ASSISTANCE ...

$1,218,143,669

AI Summary

This $1.2 billion payment from the State and Local Fiscal Recovery Funds program supports California's pandemic recovery through the Department of Finance. The funds address public health needs, replace lost government revenue, support essential workers and businesses, and invest in infrastructure including water, sewer, and broadband.

Key Points

  1. 01$1.2 billion in COVID-19 fiscal recovery funds for California
  2. 02Administered by California's Department of Finance
  3. 03Supports public health, economic recovery, and infrastructure
  4. 04Funded by the Department of the Treasury
  5. 05Part of the American Rescue Plan's SLFRF program

Award Details

Start Date

Feb 23, 2026

End Date

Ongoing

Category

Other

State

CA

Award Type

Direct Payment

Quick Summary

Amount
$1.2B
Agency
Department of the Treasury
Recipient
STATE OF CALIFORNIA DEPARTMENT OF FINANCE
Type
Direct Payment

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