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Agenda - 06-02-20; 6-d - Coronavirus Relief Funding Plan and Additional Emergency Small Business Grant Funds
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Agenda - 06-02-20; 6-d - Coronavirus Relief Funding Plan and Additional Emergency Small Business Grant Funds
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5/28/2020 4:27:35 PM
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BOCC
Date
6/2/2020
Meeting Type
Business
Document Type
Agenda
Agenda Item
6-d
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Agenda 06-02-20 Virtual Business Meeting
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\BOCC Archives\Agendas\Agendas\2020\Agenda - 06-02-20 Virtual Business Meeting
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3 <br /> FINANCIAL IMPACT: The State has allocated $2,665,753 to the County for eligible COVID-19 <br /> expenses and the use of $410,000 of Article 46 Sales Tax Small Business Fund. There will be <br /> forthcoming Budget Amendments for both funding sources. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br /> this item. <br /> • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY <br /> The creation and preservation of infrastructure, policies, programs, and funding <br /> necessary for residents to provide shelter, food, clothing and medical care for themselves <br /> and their dependents. <br /> ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal <br /> impact associated with this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve the CRF Funding <br /> Plan for submittal to the State as stated herein, and approve the appropriation of $410,000 from <br /> Article 46 Sales Tax Small Business Loan Program funds for Emergency Small Business grants. <br />
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