From Delaware State News
NEW CASTLE – Up to $136 million from the New Castle County’s federal CARES Act allocation will support six state-wide programs targeting unemployment insurance, childcare, coronavirus testing and more, New Castle County Executive Matt Meyer announced this week.
This funding will supplement the $927 million of CARES Act funding the state received directly from the federal government.
Mr. Meyer and the state developed a three-step approach for the funding agreement.
They determined the total cost of all six statewide programs, then determined the percentage of the cost of those six statewide programs for the benefit of county residents and businesses, and finally, determined the cost share between the state and New Castle County.
“We always work collaboratively with our federal, state and municipal governments but particularly in times of crisis,” Mr. Meyer said in a prepared statement. “My thanks to County Council, to the Governor’s office and to Delaware’s Office of Management and Budget to reach this agreement to help keep our community healthy and sustain our economy during this crisis.”
Statewide programs that New Castle County CARES Act funding will support the Unemployment Insurance Trust Fund, the essential childcare program, statewide testing, statewide contact tracing, an enhanced rent and utility program and a hospitality emergency loan program.
Based on actual unemployment claims through mid-September and estimates through the rest of the year, the total statewide amount of COVID-19 unemployment claims paid for the forty-two-week period, March 15 to Dec. 30, will be $273 million. Approximately 55% of the statewide claims are from residents in New Castle County. A county contribution up to $67.5 million will be made.