Raleigh, NC (STL.News) North Carolina has distributed over $2.6 billion in coronavirus relief funds as of September 21 and continues to work to administer remaining funds in coordination with federal requirements.
“North Carolina families, businesses and communities have been hit hard by the COVID-19 crisis and we’re working to get relief to those who need it. I’m proud of our administration’s work with federal, state and local officials to quickly and efficiently distribute funds across North Carolina to ensure we can bounce back stronger from this devastating pandemic,” said Governor Roy Cooper.
In May 2020, Governor Cooper established the NC Pandemic Recovery Office (NCPRO) to oversee and coordinate the fiscal response to the COVID-19 pandemic. NC PRO is responsible for overseeing the distribution of the $3.5 billion ($3,585,391,176.20) in Coronavirus Relief Funds (CRF) from the U.S. Treasury to provide support to state agencies, local governments, nonprofits, hospitals, educational institutions, and research organizations.
Because North Carolina has over 2,000 sub-recipients, the U.S. Treasury Office of Inspector General (OIG) is providing North Carolina with an upload feature to report on CRF expenditures. Under the federal Department of Treasury’s timeline, this feature is not expected to be ready for reporting until December 2020. While information on North Carolina’s CRF obligations and expenditures will not be included in the reports to the Pandemic Response Accountability Committee until December 2020, OSBM and NCPRO offered an interim update to members of North Carolina’s congressional delegation.
As of September 21, 2020, NCPRO distributed $2.6 billion ($2,683,164,603) to local governments, state agencies, nonprofits, hospitals, educational institutions, and research organizations. This distribution is equal to 75% of the $3.5 billion allocated by the General Assembly.
Distribution of these funds included:
$80,813,032 to the NC Community College System; $105,260,818 to the UNC System; $36,750,000 to NC Private Colleges and Universities
NCPRO has established a robust and efficient system for distributing, tracking, and auditing the funds provided from CRF. All entities receiving funds must submit the required documents, then NCPRO works with the entities to disburse the funds. Each entity must submit documentation monthly which is reviewed by the NCPRO audit team, ensuring that funds are distributed in a timely manner and are spent in accordance with state and federal law.