How Much Will Lakewood Receive From the Covid Relief Bill?

The coronavirus relief bill signed into law by President Biden on Thursday, officially named the American Rescue Plan, provides hundreds of billions in aid to state and local governments. So how much will Ocean County, Lakewood, and surrounding towns receive?

According to a breakdown of the aid being received by New Jersey released by Senators Bob Menendez and Cory Booker, Ocean County will receive a total of $195,209,869.49. Of that total, $117.76 million will be allocated to the Ocean County government, and $77,449,869.49 will be given to municipalities.

Lakewood will be receiving $27,330,871.98, Jackson will get $5,671,043.83, Toms River will be receiving $10,098,712.32, and Brick will get $7,537,053.81.

The funds can be used to help keep essential workers on the job, assist struggling families and small businesses, and make critical investments in infrastructure. New Jersey is also receiving over $6 billion to expand broadband internet access across the state.

Importantly, the funds cannot be used by local governments to help lower taxes and they will have to provide a full accounting of how they spent the money to the federal government. If the spending requirements were not met, they will be forced to repay the federal government.

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2 COMMENTS

  1. The politicians should be sued for malpractice! 91% of this went to NOTHING, ABSOLUTELY POSITIVELY NOTHING RELATED TO THE VIRUS! Of the 9%, it’s unknown but the estimates are at somewhere around half that’s actually going to people who really needed the assistance. Thank GD, most people don’t need the assistance. All this is a government handout to the people who supported the coronation of the Democrat Party in 2020.

    Billions upon billions upon billions of dollars are going overseas for no reason whatsoever. Billions are being spent here in the United States on pork projects for no reason. Why did Chuck U Schumer need a bridge from US to Canada? Why does Nancy Pelosi need something done near her house in San Francisco?

    It’s time that people wake up and smell the coffee. We are being taken for a ride, the ride deep into the depths of purgatory with the Democrat Party. Wake up and smell the coffee already!

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