Coronavirus Relief Funds Allocation Usage
The CARES Act established the $150 billion Coronavirus Relief Fund to support states with expenses due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID–19) incurred from March 1, 2020, to Dec. 30, 2020.
On May 18, Gov. Polis signed Executive Order 20-070, which directed the transfer of $510 million from the State of Colorado’s CARES Act Coronavirus Relief Fund to the Colorado Department of Education to be awarded to school districts, the Charter School Institute, the Colorado School for the Deaf and the Blind and facility schools on a per pupil basis. Additionally, each BOCES in the state will receive $25,000.
Addendum A to the Executive Order outlines the allowable uses for the CRF funds
All recipients of these funds are requested to notify the State of Colorado by Friday, July 10, of their intent to use all or a portion of the allocated funds. Recipients must identify any funding they are unable to use for allowable expenditures so these funds can be returned and reallocated to other recipients.
Guidance on CRF Allowable Expenditures - http://www.cde.state.co.us/caresact/crf-allowableexpenditures