The Office of Public Accountability (OPA) has released its second flash report on the status of the Government of Guam’s Coronavirus Relief Fund (CRF).
As of December 31, 2020, OPA reported that GovGuam has expended $88.6 million of the $118 million CRF from the CARES Act. Compared to the previous month, this was an increase of $15 million from November CRF expenditures of $73.6 million.
The majority of the increases were for miscellaneous expenditures ($8.5 million), salaries and wages ($3.8 million), and contractual services ($2.6 million). The CRF spending deadline of the remaining $29.4 million, or 25% of the CRF, was extended to December 3 1, 2021.
According to OPA, there were 24 GovGuam entities that expended more than $100,000 thousand of the CRF, which collectively added up to $87.8 million. The top three GovGuam entities were the Department of Public Health and Social Services ($20.7 million), Guam Economic Development Authority ($19.6 million), and the Office of Guam Homeland Security ($16.2 million).
The Economic Relief Programs, signed by the Governor via a series of executive orders,
increased by $3.3 million, from $33.2 million in November 2020 to $36.4 million in December 2020. The Small Business Rent Assistance represents the biggest change with an amount of $2.8 million.