Scottsdale CARES Act allocation estimated at $29M

By Melissa Rosequist | Scottsdale Independent

More than $29 million in CARES Act funds may soon be coming to Scottsdale.

The municipality has a planned conversation on June 16 to discuss and provide direction for funding of city programs and key funding areas, and amounts of funding for those programs and key funding areas; contingent on the city receiving federal CARES Act funds from the state.

City Treasurer Jeff Nichols says the city is in the process of applying for the funds; and Scottsdale has not been provided with information to determine how their amount of $29.6 million was calculated.

The Coronavirus Aid, Relief, and Economic Security — CARES — Act was passed by Congress and signed into law by President Trump on March 27.

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