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SD Appropriations Committee Hears About Covid Grants


5 hours ago
in Local
Photo: WNAX
One agenda item was a report on small business grants funded through federal Covid dollars.
Colin Keeler with the Bureau of Finance and Management said they worked through a long list of applications…
Keeler says they used most of the available federal funding…
Keeler says they are trying to clean up the entire list of applicants….
The committee also got an update on the next round of federal funding coming with the “American Rescue Plan.”
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South Dakota finance bureau audits coronavirus relief applications, comes up with less than 1% of "ineligible" awards


South Dakota finance bureau audits coronavirus relief applications, comes up with less than 1% of ineligible awards
Still, state officials are hiring an outside consulting firm to assist with what appears to be $4 million in federal dollars inappropriately awarded to small businesses and other non-profit entities via a federal fund established through last year s CARES Act.
Written By: Christopher Vondracek
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PIERRE, S.D. Less than 1% or $4 million of federal coronavirus relief fund dollars distributed through the state were awarded in error, says state officials on the heels of an internal audit of public dollars distributed to small businesses and nonprofits.
State officials say the error rate was lower than other federal assistance programs, such as SNAP benefits or FEMA grants. In total for the CARES Act program, $500 million of aid went to over 4,460 entities across South Dakota, said Colin Keeler, ....

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