Clark County could soon receive its first reimbursement for CARES Act funding.
The county has been scheduled to receive $26,867,500 in the federal aid approved by Congress in late March. The state is tasked with dispersing the money to local governments based on reimbursement requests.
“The main issue is cash flow,” Mark Gassaway, the county’s finance director, wrote in an email. “So far that has not been a problem, but it could be, especially for smaller jurisdictions.”
The county recently submitted its first reimbursement request of $1.3 million and has been told to expect payment any day, Gassaway said. While the request covers March and April, the county can later add to its request for those months once it provides proper documentation.
COVID-19-related expenses from March 1 through Dec. 30 are reimbursable. But the state has imposed a deadline of Oct. 31 for local governments to develop a plan on how to use the money.