The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress and signed into law by the President on March 27, 2020. The CARES Act provides assistance for State, Local, and Tribal Governments navigating the impact of the COVID-19 outbreak. The CARES Act established the $150 billion Coronavirus Relief Fund.
Pursuant to the CARES Act, Colorado’s Governor issued Executive Order D 2020-070 providing that $275 million shall remain available for units of local government that did not receive a direct distribution of funds in the CARES Act.
The Colorado Department of Local Affairs (DOLA) was tasked with funds administration.
On June 23 the County requested through DOLA that the state allocate Douglas County’s share of the CARES Act reimbursement funds on behalf of the County and its municipalities. The County was notified on July 24 that its request had been approved. The allocation is an up-to amount and is based on reimbursement for expenditures related to COVID-19 as outlined in the federal CARES Act. The County’s total CARES Act funding for reimbursement of associated expenses, determined by a per capita formula, is $30,124,485.
CARES Act Funding Commitments
- Sept. 8 – Nonprofit Grant Program
- Aug. 27 – Commissioners commit to more than $8 million for municipal share of County’s CARES Act Funds
- Aug. 27 – Small Business Grant Program
- July 28 – Commissioners approve more than $3 million in CARES Act funds to reduce local spread of COVID-19