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Ripley County Phase II Applications for CARES Act Funds Released

Ripley County Phase II Application for CARES Act Funds Released

July 16, 2020 - DONIPHAN, MO - The Ozark Foothills Regional Planning Commission (OFRPC) is administering the CARES Act funds received by Ripley County and is now accepting applications for CARES Act fund reimbursement requests.

Ripley County will now accept applications for reimbursements of eligible expenses or costs already incurred during the period March 1 through July 31, 2020 and for eligible expenses for future COVID-19-related response needs. Local governments, political subdivisions, and non-profits located within Ripley County are eligible to apply for both reimbursement requests and future COVID-19 response needs. Application requests for reimbursements must be based on eligible expenses or costs already incurred during the period March 1 through July 31, 2020. Applications for future COVID-19 response needs can be based on expenses or costs not yet incurred but needed to respond to the pandemic. Both application requests must satisfy the requirements of the CARES Act and Treasury guidance. Applicants will be required to submit sufficient supporting documentation such as invoices, receipts, and proof of payment.

Applications for this round of funding are due on August 31, 2020. The OFRPC will review the applications for completeness (including supporting documentation), compliance with the CARES Act requirements and Treasury guidance, with final award decisions made by Ripley County by the end of September.  Award recipients will be required to enter into a written agreement with the County and submit documentation of expenses prior to disbursement of awarded funds.

The application is available from the Ozark Foothills Regional Planning Commission and can be downloaded from their website, www.ofrpc.org.  Questions regarding the application process may be directed to Alan Lutes, Ozark Foothills Regional Planning Commission, 573-785-6402 or alan@ofrpc.org.

Depending upon the number of applications received and amount of funds awarded in this round of funding, Ripley County anticipates potential additional rounds of funding for small businesses to commence on September 1, 2020.

Background

On March 27th, 2020, Congress passed, and President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).  The CARES Act established the Coronavirus Relief Fund and appropriated $150 billion to the Coronavirus Relief Fund.  Under the CARES Act, the funds are to be used to make payments for specified uses based on the requirements of the CARES Act requirements and United States Department of Treasury guidance.  Generally, the CARES Act provides that payments may only be used to cover costs that: (1) are necessary expenditures incurred due to the public health emergency with respect to COVID-19; (2) were not accounted for in the budget most recently approved as of March 27, 2020 for the government; and (3) were incurred during the period that begins on March 1, 2020 and ends on December 30, 2020.

Expenditures must be used for actions taken to respond to the public health emergency.  Funds may not be used to fill shortfalls in government revenue to cover expenditures that would not otherwise qualify under the CARES Act.  Expenditures using CARES Act fund payments must be reasonably necessary.  For further information, please refer to the guidance issued by Treasury on April 22, 2020, and May 4, 2020.

On April 28, 2020, Ripley County received information and guidance from the office of the Missouri State Treasurer regarding the distribution of CARES Act funds from the State of Missouri to Ripley County.  After approving and returning a certification for payment to the State of Missouri, on May 4, Ripley County received $1.5M.