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Re: Proposed Gap Recovery Grants

Report Details

Submitting OIG: 
Vermont State Auditor
Report Description: 
Similar to the Economic Recovery Grant (ERG) programs, the Gap program requires that businesses demonstrate economic loss due to COVID-19 but does not define economic loss. If ACCD uses revenue loss to measure economic loss for businesses that were in operation prior to the pandemic, the Gap program will be exposed to the same risk the Joint Fiscal Office pointed out in its November 2020 memo to the Joint Fiscal Committee regarding the ERG program
Date Issued: 
Monday, February 22, 2021
Agency Reviewed / Investigated: 
State of Vermont
Submitting OIG-Specific Report Number: 
N/A
Location: 
VT
United States
Type of Report: 
Other
Professional Standard: 
Other
Questioned Costs: 
$0
Funds for Better Use: 
$0
Report File Link: 
https://auditor.vermont.gov/sites/auditor/files/documents/GAP%20memo%202-22-21.p…

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