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Agenda - Council Work Session - 03/08/2022
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Agenda - Council Work Session - 03/08/2022
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3/14/2025 2:19:34 PM
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3/9/2022 11:50:52 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
03/08/2022
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U.S. DEPARTMENT Dp THE TREASURY <br /> Step 1. Identify COVID-19 public health or 2. Design a response that addresses or <br /> economic impact responds to the impact <br /> Analysis 0 Can identify impact to a specific 0 Types of responses can include a <br /> household, business or nonprofit or program, service, or capital <br /> to a class of households, businesses, expenditure <br /> or nonprofits(i.e.,group) 0 Response should be related and <br /> 0 Can also identify disproportionate reasonably proportional to the harm <br /> impacts, or more severe impacts,to 0 Response should also be reasonably <br /> a specific beneficiary or to a class designed to benefit impacted <br /> individual or class <br /> Simplifying 0 Final Rule presumes certain a Final Rule provides non-exhaustive <br /> Presumptions populations and classes are impacted list of enumerated eligible uses that <br /> and disproportionately impacted respond to pandemic impacts and <br /> disproportionate impacts <br /> To assess eligibility of uses of funds, recipients should first determine the sub-category where their use <br /> of funds may fit (e.g, public health, assistance to households, assistance tosmall businesses), based on <br /> the entity that experienced the health or economic impact.'Then, recipients should refer to the relevant <br /> section for more details on each sub'cateQory. <br /> While the same overall eligibility standard applies to all uses of funds to respond to the public health <br /> and negative economic impacts of the pandemic, each sub-category has specific nuances on its <br /> application. |naddition/ <br /> m Recipients interested in using funds for capital expenditures (i.e., investments in property, <br /> facilities., or equipment) should review the Capital Expenditures section in addition to the <br /> eligible use sub'category. <br /> w Recipients interested in other uses of funds, beyond the enumerated uses, should refer to the <br /> section on "Framework for Eligible Uses Beyond Those Enumenated." <br /> 2 For example,a recipient interested in providing aid to unemployed individuals is addressing a negative economic impact <br /> experienced uva household and should refer tomesectinnonass/stancetohousehomo.necipient,shouma|soueawareort»e <br /> difference between"'beneficiaries"and"sub-recipients."Beneficiaries are households,small businesses,or nonprofits that can <br /> receive assistance based on impacts of the pandemic that they experienced.on the other hand,sub-recipients are <br /> organizations that carry out eligible uses on behalf of a government,often through grants or contracts.Sub-recipients uonot <br /> need to have experienced a negative economic impact of the pandemic;rather,they are providing services to beneficiaries that <br /> experienced animpact. <br /> CononovimsState& Local Fiscal 8ecovery Funds:Overview qf the Final Rule <br />
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