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Audrain County receives CARES funds

Posted on Tuesday, June 23, 2020 at 4:41 pm

Audrain County Commission releases information on application process

On March 27th, 2020, Congress passed, and President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).  The CARES Act established the Coronavirus Relief Fund and appropriated $150 billion to the Coronavirus Relief Fund.  Under the CARES Act, the funds are to be used to make payments for specified uses based on the requirements of the CARES Act requirements and United States Department of Treasury guidance.  Generally, the CARES Act provides that payments may only be used to cover costs that: (1) are necessary expenditures incurred due to the public health emergency with respect to COVID-19; (2) were not accounted for in the budget most recently approved as of March 27, 2020 for the government; and (3) were incurred during the period that begins on March 1, 2020 and ends on December 30, 2020.

Expenditures must be used for actions taken to respond to the public health emergency.  Funds may not be used to fill shortfalls in government revenue to cover expenditures that would not otherwise qualify under the CARES Act.  Expenditures using CARES Act fund payments must be reasonably necessary.  For further information, please refer to the guidance issued by Treasury on April 22, 2020, and May 4, 2020.

On April 28, 2020, Audrain County received information and guidance from the office of the Missouri State Treasurer regarding the distribution of CARES Act funds from the State of Missouri to Audrain County.  After approving and returning a certification for payment to the State of Missouri, on May 6, Audrain County received $ 2.978,000.00

Process

Over the course of the past six weeks, Audrain County has reviewed the requirements of the CARES Act and the guidance issued by the Department of Treasury and has been working to identify community priorities and develop an application process to allow applicants to request CARES Act funds and make award decisions for the use of funds.

For the complete article, see this week’s edition of  the Centralia Fireside Guard.