Jefferson County Will Distribute New Federal Money To Cities
JEFFERSON COUNTY, Colo. (CBS4) - Jefferson County gets a big boost of federal money. The CARES Act granted the county more than $101 million.
The Board of Commissioners is working to share the funding as quickly as possible with cities in the county. It will share 45% of the per capita rate, or just under $30 million. The amount each city receives is determined by their population.
Commissioner Lesley Dahlkemper says, "The distribution of the CARES Act dollars strikes the right balance to ensure our cities and our county have funding to help businesses re-open."
The CARES Act requires the money only to be spent on expenses directly related to the pandemic and not to be used to offset lost revenue.