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PRESS RELEASE

Treasurer Fitzpatrick Holds CARES Act Funding Working Group Meeting

Thursday, May 21, 2020
Treasurer's name

 

Jefferson City, MO – Missouri State Treasurer Scott Fitzpatrick today held a meeting of the CARES Act Funding Working Group.

 

                The meeting focused on Governor Parson’s Show Me Strong Recovery Plan and how to ensure the state is prepared for and able to respond to any future COVID-19 outbreaks as well as working to alleviate the widespread economic impact of the pandemic felt across Missouri.

 

                DHSS Director Dr. Randall Williams spoke to the group about the state’s future testing plans and costs associated with it. The group also heard from representatives from the Missouri Department of Labor & Industrial Relations regarding the financial status of the state’s unemployment trust fund, as well as the Missouri Department of Economic Development, the Division of Tourism, and the Missouri Chamber of Commerce regarding funding possibilities related to economic recovery. Representatives from the Missouri Department of Elementary and Secondary Education and the Missouri Department of Higher Education and Workforce Development also spoke about the state’s preparedness for remote education and costs to provide connectivity solutions to students without internet access should it be required in the future.

 

                The information shared during today’s meeting will be used by the group to make recommendations to the Governor on the use of the funds provided by the CARES Act.

 

                In April, the working group met to approve the disbursement of federal funds to each Missouri county, and city not within a county, per the guidelines established by SS SCS HCS HB 2014. As of today, all Missouri counties and cities not within a county have received their funds.

 

                On April 10, 2020, Governor Parson formed a working group, led by Treasurer Fitzpatrick, to make recommendations for the use of federal funding provided for COVID-19-related costs under the CARES Act. This advisory body is studying and analyzing the federal relief available to Missouri, its citizens, and businesses, and identifying best practices and procedures to apply that relief.

 

                Information about the CARES Act and the working group, including a recording of today’s meeting, can be found at treasurer.mo.gov/COVID.

 

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