CARES Act Funding
Signed into law in March, the Coronavirus Aid, Relief and Economic Security (CARES) Act established the Coronavirus Relief Fund to assist states and communities in overcoming challenges directly related to the COVID-19 pandemic.
This summer, Gov. Ralph Northam distributed approximately $1.3 billion in federal funds to localities, including $61.5 million to Chesterfield County. States received CARES Act funding based on population and Virginia also used population to determine its distribution of the funds among local governments.
At the Wednesday, Aug. 26 Board of Supervisors meeting, the county held a public hearing to receive community input on how to best allocate the remaining CARES Act funds.
Guidelines and Limitations
Allocation of CARES Act funds must follow stringent guidelines and restrictions. For more information, visit the U.S. Treasury webpage.
The money may not be used for recurring costs, revenue shortfalls or other expenses related to the normal day-to-day operation of government or schools.
Chesterfield was not able to account for the funds in the budget adopted on April 22, but the money can cover COVID-19-related expenses incurred between March 1 and Dec. 30. The funds must be used by the end of the year.
Allocation of CARES Act Funding
Using the federal guidance provided, Chesterfield has identified six categories in which the money may be applied, including:
- business assistance
- community assistance
- food insecurity
- virus mitigation/public health
View Chesterfield County’s allocation of CARES Act funding (PDF).