Texas Determining Fate Of Remaining CARES Act Funds As Deadline Looms

Staff

The clock is ticking for Texas to spend $3.5 billion by December 30 that remains from the $8 billion the state received in Coronavirus Aid, Relief, and Economic Security (CARES) Act funding.

Congress awarded $11.24 billion in CARES Act funding in March, of which $3.2 billion was distributed to cities and counties of 500,000 or more people.

The Texas Department of State Health Services and Texas Division of Emergency Management are set to receive $1.45 billion, according to representatives from the Governor’s Office who said the state would spend all funds before the end of 2020.

State Comptroller Glenn Hegar told Texas Association of State Systems for Computing and Communications members this week that the Governor’s Office and the Texas Legislature are developing a plan that involves moving the remaining CARES Act funds to the state’s general revenue fund.

This story originally published by Strategic Partnerships.