Cor onavir us Aid, Re lie f, and E c onomic Se c ur ity Ac t (C.A.R.E .S. Ac t) Ove r vie w Bria n J. Ga ine s, Dire c to r E xe c utive Budg e t Offic e 1
Ove rvie w Sig ne d into la w o n Ma rc h 27, 2020 Pro vide s o ve r $2 trillio n o f dire c t e c o no mic a ssista nc e fo r: Wo rke rs, F a milie s, Sma ll b usine sse s, a nd Sta te a nd lo c a l g o ve rnme nts. Pre se rve s jo b s fo r Ame ric a n industrie s. 2
Co ro na virus Re lie f F und Pro vide s $150 b illio n in dire c t a id to Sta te a nd L o c a l Go ve rnme nts. E a c h sta te re c e ive s $1.25 b illio n minimum plus e nha nc e me nt b a se d o n po pula tio n. SC shar e = $1.996 billion L o c a l g o ve rnme nts with po pula tio ns > 500,000 ma y a pply dire c tly fo r the ir po rtio n. Gre e nville Co unty is the o nly lo c a l g o ve rnme nt e lig ib le fo r dire c t a pplic a tio n = $91 millio n. Sta te o f SC = $1.905 b illio n 3
Co ro na virus Re lie f F und F unds ma y b e use d to c o ve r o nly tho se c o sts o f Sta te a nd L o c a l Go ve rnme nt tha t: Are ne c e ssa ry e xpe nditure s inc urre d due to the pub lic he a lth 1) e me rg e nc y with re spe c t to COVI D-19. We re no t a c c o unte d fo r in the b udg e t mo st re c e ntly a ppro ve d a s 2) o f the da te o f e na c tme nt o f the Ac t. We re inc urre d during the pe rio d b e twe e n Ma rc h 1 - De c . 30, 2020. 3) 4
Co ro na virus Re lie f F und Ac c e ptable use s: Me dic a l e xpe nse s (te sting , tre a tme nt) Pub lic He a lth e xpe nse s (q ua ra ntine , PPE ) Pa yro ll e xpe nse s (pub lic sa fe ty, first re spo nde rs, dire c t c a re ) Co mplia nc e e xpe nse s (te c hno lo g y, te le me dic ine ) Pro viding e c o no mic suppo rt (UI T rust F und, sma ll b usine sse s) F E MA sta te ma tc h (25%) Othe r re a so na b ly ne c e ssa ry COVI D-19 e xpe nse s 5
Co ro na virus Re lie f F und Unac c e ptable use s: Re ve nue sho rtfa ll o r re pla c e me nt Da ma g e s c o ve re d b y insura nc e Me dic a id sta te ma tc h Pa yro ll fo r e mplo ye e s no t de dic a te d to COVI D-19 E xpe nse s tha t will b e re imb urse d b y o the r F e de ra l pro g ra ms Re imb urse me nts fo r do na te d ite ms o r se rvic e s Wo rkfo rc e b o nuse s Se ve ra nc e pa y o r le g a l se ttle me nts 6
Sta te wide COVI D-19 E xpe nditure s Re c e ive d 207 surve y re spo nse s fro m sta te a g e nc ie s, hig he r e duc a tio n institutio ns, c o untie s, spe c ia l purpo se distric ts, munic ipa litie s a nd MUSC Ho spita l E ntity Ac tual to Date * Pr oje c tions thr ough De c e mbe r Co untie s/ Spe c ia l Purpo se Distric ts $40,231,019 $138,017,894 Hig he r E duc a tio n I nstitutio ns $82,171,735 $122,172,366 Munic ipa litie s $21,436,388 $31,461,157 Sta te Ag e nc ie s $39,213,850 $163,566,935 MUSC Ho spita l $99,096,933 $177,744,535 T otal $282,149,925 $632,962,886 All re imb urse me nt re q ue sts will b e ve tte d fo r e lig ib ility. *As o f May 18, 2020 7
Othe r COVI D-19 Re la te d F unds Ne a rly 50 so urc e s o f funding pro vide d b y F e de ra l Go ve rnme nt to da te Ove r $3.5 b illio n c o ming to SC Sig nific a nt COORDINAT ION is ne e de d to e nsure we MAXIMIZE the BE IT o f a ll a va ila b le so urc e s fo r the E RPRISE ! NE F NT E 8
Guide ho use I n a c c o rda nc e with Ac t 135 o f 2020, the Sta te ha s c o ntra c te d with Guide ho use to pro vide g ra nt ma na g e me nt se rvic e s. Will ma ximize funds use , a vo id duplic a tio n a nd c o o rdina te b e ne fits. Se rvic e s inc lude : De ve lo pme nt o f g ra nt a sse ssme nt a nd stra te g y De sig n o f a n e nd-to -e nd g ra nt ma na g e me nt pro c e ss De ve lo pme nt o n a n o nline a pplic a tio n po rta l Dire c t a ssista nc e to sub re c ipie nts Co lle c t a nd de te rmine e lig ib ility o f re imb urse me nt re q ue sts Gra nt Re po rting , Co mplia nc e a nd Mo nito ring 9
Que stions? 10
Recommend
More recommend