9/29/2020 11:59:00 AM County debates options for leftover CARES money
Cottonwood County Commissioners weighed their options about what to do with the remainder of the county's $1.4 allocation from the CARES Act.
At a special meeting Tuesday morning, the board finalized approval of grant requests from businesses and nonprofits totaling $670,000.
After decisions at the board's last meeting to allocate roughly $335,000 to townships, small cities and other entities and $150,000 in technology upgrades for county buildings, the county has just over $240,000 remaining, which must be dispersed by Dec. 1.
The board noted that a second round of grant applications for businesses and nonprofits was unlikely, due to the short turnaround time to submit and review applications. The most likely recipient of the remaining funds would be local school districts.
If funds are dispersed to school districts, the amount to each district would likely be based on the percentage of tax capacity for each district. Eight school districts have landowners living in Cottonwood County. Additionally, provisions likely will be made to provide aid to Mt. Lake Christian School, which does not have levy authority.
The board will make a final decision on what to do with the remaining funds at its second regular October meeting.