The Kane County Board will hold a special meeting at 10 a.m. Thursday, July 2, to address the process for allocating CARES Act funding.
According to the special meeting agenda packet, the only action item is “Establishing the CARES Act Allocation Committee authority and Dissolving the Coronavirus Relief Fund Task Force.”
No additional information is provided in the packet as of 9 a.m. Wednesday, July 1.
Kane County Board Chairman Chris Lauzen created the Kane County Coronavirus Relief Fund Task Force in early May to provide research, analysis, and recommendations to the Executive Committee of the Kane County Board related to the CARES Act.
According to the Institute For Illinois Fiscal Sustainability, Illinois is expected to receive a total allocation of $4.9 billion. Illinois officials have said the state will keep $2.7 billion, with $2.2 billion going to large local governments.
Kane County’s allocation of CARES Act funding is estimated at $92.9 million.
According to a news release from the Metro West Council of Governments, 18 communities asked Kane County on June 24 “to quickly distribute to its towns and cities at least an initial $45 million of the $92.9 million the county received from the federal CARES Act.”
SOURCE: Kane County agenda packet, Institute For Illinois Fiscal Sustainability website, Metro West Council of Governments news release