Governor Dunleavy Submits Revised CARES Act Funding Distribution Plan
ANCHORAGE—Governor Mike Dunleavy submitted a revised plan for the equitable distribution of the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding, which brings over $1.5 billion of relief to the State of Alaska, to the Legislative Budget and Audit (LB&A) Committee.
“Following conversations with the Legislature, community leaders, and our federal partners, I have submitted a revised package of RPLs for expedited consideration,” says Governor Dunleavy. “This money will go directly where it is needed most into the hands of local communities, small businesses, and nonprofits. My administration stands ready to distribute these needed funds immediately to help mitigate the impacts of COVID-19 in Alaska. It is our hope the LB&A Committee takes expedited action on this request.”
Read the Governor’s letter to the chairs of the Legislative Budget and Audit Committee.
Review the CARES Act Funding Summary Sheet.
In This Issue
Hardware Hangs In
Turns out, predicting the effects of a pandemic on a global economy is kind of impossible. In the midst of the uncertainty, those companies that crumbled and those that found ways to thrive seemed random at times, depending on local economies, access to financial aid, the unpredictability of consumers, changing regulations, and a little bit of “who knows.”