The Kenai Peninsula Borough will return any money received through the federal CARES Act that it has not spent by the end of this year to the State of Alaska, per a resolution adopted by the borough assembly during their Tuesday meeting.
Broadly, the resolution extends the deadline by which funds in the borough’s CAR06 project must be expended. The borough identified 24 projects to which they wanted to dedicate their CARES money, including CAR06, which is titled “KPB Emergency Response, PPE, Personnel Costs.”
The resolution also says that “the balance of funds remaining after December 31, 2021 will be returned to the State of Alaska.”
In all, the Kenai Peninsula Borough received almost $37.5 million in CARES Act funding from the federal government through the state. Borough projects funded with the grant money included grants to small businesses, fires and emergency medical services costs and allocations to borough municipalities.
Kenai Peninsula Borough Community and Fiscal Projects Manager Brenda Ahlberg said during a meeting of the assembly finance committee on Tuesday that the borough has about $390,000 in remaining CARES Act funds in CAR06.
The full finance committee meeting can be viewed on the borough’s website at kpb.us.
Reach reporter Ashlyn O’Hara at email@example.com.