As 2024 comes to a close, U.S. residents reliant on government aid are looking toward 2025 for financial relief amid ongoing economic challenges. While federal stimulus checks have ceased for the year, select state programs are still issuing payments, offering crucial support to eligible beneficiaries.
Final 2024 Stimulus Payments
Mesa County is distributing refunds to residents under the Taxpayer’s Bill of Rights (TABOR), which mandates returning excess government revenue to taxpayers.
- Excess Revenue:
- Mesa County collected $11,492,270 million above its TABOR limit in 2023.
- Refund Details:
- Eligible Recipients: Active registered voters aged 18+ as of November 25, 2024.
- Amount: $100 per voter.
- Distribution: Checks were mailed during the week of December 16, 2024.
TABOR refunds aim to provide direct financial relief to residents, demonstrating how local governments can address revenue surpluses responsibly.
Alaska PFD
The Alaska Permanent Fund Dividend (PFD) continues its payments for eligible residents as part of a program managing state oil and natural resource revenues.
- Final 2024 Payment:
- Eligible Recipients: Residents in Eligible-Unpaid status as of December 11, 2024.
- Amount: $1,312 per person.
- Distribution Date: December 19, 2024.
- Upcoming 2025 Payment:
- Eligible Recipients: Residents in Eligible-Unpaid status as of January 8, 2025.
- Amount: $1,312 per person.
- Distribution Date: January 16, 2025.
The PFD continues to be a critical source of income for Alaskans, particularly in a state with high living costs.
Broader Economic Context
Despite the completion of most federal stimulus programs, inflation and rising living expenses remain significant concerns, particularly for vulnerable populations. These localized payments, such as Coloradoโs TABOR refunds and Alaskaโs PFD, provide targeted relief but highlight the ongoing need for broader economic measures.
What to Expect
While there are no new federal stimulus checks on the horizon, states with surplus revenues or specific aid programs may continue offering relief to residents. Monitoring state announcements and maintaining eligibility for ongoing programs like Alaskaโs PFD will be essential for those seeking financial assistance.
FAQs
What is the TABOR refund?
It is a Colorado program that refunds excess government revenue to taxpayers.
How much will Mesa County voters receive?
Eligible voters will receive $100 under the TABOR refund.
What is Alaska’s Permanent Fund Dividend?
The PFD distributes revenue from Alaska’s oil and natural resources to eligible residents.
When is Alaska’s next PFD payment?
The next payment is scheduled for January 16, 2025, for eligible recipients.
Will there be federal stimulus checks in 2025?
No federal stimulus checks are currently planned, but state programs may offer aid.
