Despite extension, Justice plans to spend most of $1.25 billion CARES Act funds by year's end
An 11th-hour reprieve is contained in the $900 billion coronavirus stimulus bill that extends a Dec. 30 deadline for West Virginia to spend $1.25 billion in federal CARES Act funds. Even with that extension, Gov. Jim Justice said he is confident that all but $30-$39 million of the funds will be spent by yearâs end. âYou can rest assured the dollars will be spent,â Justice said at the state COVID-19 briefing on Monday. Thatâs despite having a balance of $751.3 million in the CARES Act account as of Monday, according to the State Auditorâs Office. At the Friday COVID-19...
Source: wvgazettemail.com