It is time for some financial reality. For governments and organizations that have gotten by during the past two years with a large amount of one-time federal money the day of reckoning is arriving.
Among the federal funding included in the 2020 SECURE legislation and the 2021 American Rescue Plan was cash for states, local governments, colleges, and schools. Public reporting about the use of those funds indicates that much of that money has been spent or is being scheduled in 2022 for long-needed public works projects to repair water and sewer lines, streets and bridges, sidewalks, broadband internet, and other necessities that are often deferred.