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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


  1. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. Que stions? 10

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