Pandemic Relief Support for State and Local Governments
The CARES Act established the $150 billion Coronavirus Relief Fund (CRF) to help offset the impact of the COVID-19 outbreak on state, local and tribal governments. The timeframe to spend the original $150 billion has been extended until December 2021.
Most of the CRF monies went directly to states. A population-based formula determined the amount each state received, beginning at a minimum of $1.25 billion. Local governments with populations exceeding 500,000 also received funds directly, while local governments with smaller populations were required to apply for funding through their respective states. The CRF reimbursed:
- Necessary expenditures incurred due to the COVID-19 public health emergency
- Expenditures not accounted for in the most recently approved budget (as of the CARES Act enactment on March 27, 2020)
- Expenditures incurred between March 1, 2020, and December 31, 2021
Woolpert can provide services that comply with program requirements and are prioritized by return on investment. Listed below is just a sampling of the services that we can provide after a customized needs assessment. Contact us to schedule a meeting and ensure sufficient time to make the most of your allocation.