Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: November 12, 2020 <br /> Action Agenda <br /> Item No. 2 <br /> SUBJECT: Update on CARES Act Funding Allocations <br /> DEPARTMENT: County Manager <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Travis Myren — 919-245-2308 <br /> PURPOSE: To provide an update to the Board on the County's CARES Act funding allocations. <br /> BACKGROUND: The County received two funding allocations through the Corona Virus Aid, <br /> Relief, and Economic Security Act or CARES Act. CARES Act funds were distributed to <br /> counties based on population. CARES Act funding must be used to fund expenses directly <br /> related to the County's response to the pandemic. These funds cannot be used to supplant <br /> currently budgeted expenses or to replace revenues such as sales tax or occupancy tax that <br /> have suffered as a result of the pandemic. The CARES Act funds must be used by December <br /> 30, 2020, or they will be reverted to the State. <br /> Orange County's round one allocation was $2,665,753. The round two allocation was <br /> $2,881,614 for a total of $5,547,367. Of that total amount, the County retained $3.2 million <br /> while $2.3 million was distributed to Chapel Hill, Carrboro, Hillsborough, and Mebane based on <br /> a per capita allocation. <br /> The County has used its $3.2 million CARES funding allocation to support a range of expenses <br /> directly related to response efforts. The following table details how the funds were allocated to <br /> various expenditure categories and the amount spent from those activities as of the end of <br /> October as recorded in the County's financial system. Spending is occurring in each of the <br /> spending categories, but that spending may not have been recorded in the financial system yet. <br />