Assistance for government entities – local, county and state governments and municipalities – is provided through the Coronavirus Relief Fund. To learn more about the fund, please see below.
The Coronavirus Relief Fund:
- Provides $150 billion in direct aid to state and local Governments.
- Each state receives a $1.25 billion minimum plus an enhancement based on population.
- South Carolina’s share is $1.996 billion.
- Local governments with populations > 500,000 could apply directly for their portion. Greenville County was the only local government eligible for direct application ($91 million).
- May be used to cover only those costs of state and local government that:
- Are necessary expenditures incurred due to the public health emergency with respect to COVID-19.
- Were not accounted for in the budget most recently approved as of the date of enactment of the Act.
- Are incurred during the period between March 1 – Dec. 30, 2020.
- Are used at the Governor’s discretion.
Initial Guidance Indicates:
- Funds may only be used to reimburse state and local Governments for COVID-19 related expenses.
- Funds may not be used for revenue shortfalls.
Actions to Date:
- April 15 – Application submitted to U.S. Treasury.
- April 16 – First deposit received ($998 million).
- April 24 – Second deposit received ($998 million minus $91 million sent directly to Greenville County).
All CARES Act Funds are being held by the South Carolina Department of Administration.
Coronavirus Relief Fund Guidance (April 22, 2020)
Coronavirus Relief Fund FAQs (May 4, 2020)